menu
Why invest in Cargotec
Cargotec has refocused its strategy for higher financial performance. Cargotec will focus on sustainability and growth in profitable core businesses Hiab, Kalmar Mobile Solutions and Kalmar’s horizontal transportation business. Read more.
We are a technology leader with strong market positions in all our business areas. Several megatrends support our businesses, ensuring our future growth potential. Our strategy breakthrough objectives are sustainability and profitable growth.
Cargotec’s M&A strategy is focusing on bolt-on acquisitions. In Kalmar, the focus is on service footprint expansion and software offering. Hiab is focusing on expanding geographical presence and product offering, whereas MacGregor is looking for M&A opportunities on distressed assets and software as well as intelligent technology.
| Company name | Announced | Closed | Transaction value | Business area | Sales | Employees |
| Olsbergs, acquisition | 20 December 2022 | 1 January 2023 | Not disclosed | Hiab | Not disclosed | ~100 |
| Galfab, acquisition | 21 August 2021 | 4 September 2021 | Not disclosed | Hiab | Not disclosed | ~100 |
| Navis, divestment | 6 February 2020 | 1 July 2021 | See the release | Kalmar | EUR 107 million (2020) | - |
| Biarri Rail, acquisition | 19 February 2020 | - | Not disclosed | Kalmar (Navis) | Not disclosed | - |
| Jade Logistics, acquisition | 9 December 2019 |  - | Not disclosed | Kalmar (Navis) | Not disclosed |  - |
| Octopi, acquisition | 8 March 2019 |  - |  Not disclosed | Kalmar (Navis) | Not disclosed |  - |
