This will not be the first time the two companies are working together, as Cranbalt—which has more than 50 years’ experience in the lifting and handling machinery business—has been supplying Terex tower cranes in the Baltics.

“A part of our strategy is to develop partnership with trusted local distributors in order to be more responsive and provide better service quality in different markets. In the last years, Terex tower cranes have been successfully gaining market share in Sweden and we are convinced that the partnership with Cranbalt will help us to gain leadership position in this part of Europe,” said BartoszIrzyniec, area sales leader at Terex Corporation.

Cranbalt CEO ArvydasBagdonas commented: “For years we have been working with Terex in the Baltics and Sweden, and we have been satisfied with the cooperation every step of the way. We believe this partnership will play a major role in our growth of operations. Sweden has been a strategic market for our organisation in the last couple of years. Having a partnership with the Terex brand is also a step forward for us. We are proud and excited to expand our possibility to offer Terex tower cranes to our customers in Sweden. From now on we will be able to support the customers with a full package: sales and rental of the tower cranes; spare parts; erection, dismantling and service functions.”