Brind.
  1. The Manitowoc Company faces tariff headwinds and market changes in the European crane market.
  2. Crane acquired PSI from Baker Hughes, enhancing its technological capabilities amidst chemical market softness in Europe.

Crane engaged in a joint venture with Cactus and finalized the strategic divestiture of PSI.

1 report, 1 independent Updated Jun 15
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Crane engaged in a joint venture with Cactus and finalized the strategic divestiture of PSI.

Who's involved

What this event is mainly about

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The entities involved

  • Crane

    Japanese company headquartered in Minato-ku, Tokyo, which operates a range of businesses

    Nothing else this week.

  • Cactus

    company based in Latvia

    Nothing else this week.

Coverage

Newest first; wire copies grouped