J2L aquires Kranlyft Group

AB Kranlyft, the parent company of Kranlyft UK Ltd and Kranlyft GmbH, was acquired by J2L Holding AB on the 30th of April.
Kranlyft Group offers innovative, high quality lifting solutions to customers in Europe, the Middle East and Africa. Sales and support are provided through own operations in Sweden, the UK and Germany as well as close cooperation with resellers.

Jurgen Vater, CEO of AB Kranlyft, says “I am pleased that Kranlyft Group now is apart of the J2L Group with the long-term perspective and stability they offer as owners. Our dedicated team looks forward to continue to develop Kranlyft Group and together create value for our customers, partners and owners.”

J2L Holding AB is a family-owned investment company that operates and develops small to medium-sized companies with a focus on industrial and trading companies.

Johan Lindh, CEO of J2L Holding AB, said: “Kranlyft Group has through its solid knowledge and long-term partnerships developed the market for small to medium-sized cranes and lifting equipment in Europe. We are very pleased to enter as new owners of Kranlyft Group and look forward to, together with management and staff, continue to grow and develop Kranlyft Group “

For more information, please contact:

Johan Lindh, CEO J2L Holding AB, phone 08-463 06 00 or e-mail johan.lindh@j2l.se
Jurgen Vater, CEO Kranlyft Group, phone 0703 343 053 or e-mail jurgen.vater@kranlyft.com