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Why invest in Cargotec
In April 2023 Cargotec's Board of Directors decided to investigate and initiate a process to potentially separate its core businesses Kalmar and Hiab into two standalone companies. Cargotec’s intention would be to separate Kalmar as a new listed company by means of a partial demerger from Cargotec. In February 2024, Cargotec's Board approved a demerger plan concerning the separation of Kalmar into a new listed company. More information.
Read about Cargotec M&A activities from this section.
| Company name | Announced | Closed | Transaction value | Business area | Sales | Employees |
|---|---|---|---|---|---|---|
| Kalmar, demerger | 27 April 2023 | 30 June 2024 (estimate) | More information | |||
| 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 |
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| Company name | Announced | Closed | Transaction value | Business area | Sales | Employees |
| 2006 | ||||||
| Kalmar España S.A., acquisition | 18 December 2006 | April 2007 | Not disclosed | Kalmar | 11 MEUR in 2005 | 6 |
| Catracom, acquisition | 16 September 2006 | November 2006 | Not disclosed | Kalmar | 70 MEUR in 2005 | 100 |
| African National Engineering, acquisition | 1 September 2006 | After signing | Not disclosed | Kalmar | - | - |
| Grampian Hydraulics, acquisition | 11 August 2006 | After signing | Not disclosed | MacGregor | Approx. 4 MEUR in 2006 | 30 |
| BMH Marine AB, acquisition | 12 June 2006 | July 2006 | Approx. 32 MEUR | MacGregor | 70 MEUR in 2006 (estimate) | 140 |
| East Coast Cranes and Electrical Contracting Inc., acquisition | 16 March 2006 | After signing | Not disclosed | Kalmar | 25 MUSD in 2005 | - |
| AMA, acquisition | 26 January 2006 | April 2006 | Not disclosed | Hiab | 4 MEUR in 2005 | 55 |
| 2005 | ||||||
| Consolis, divestment (stake of ownership) | 21 September 2005 | October 2005 | 80 MEUR | - | 646 MEUR | 5,100 |
| All Set Marine Lashing, acquisition | 8 July 2005 | November 2005 | Not disclosed | MacGregor | 15 MEUR in 2004 | - |
