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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 |  - |
| 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 | - |
