Why invest in Cargotec
On 27 April 2023, Cargotec's Bopard of Directors decided to investigate and initiate a process to potentially separate its core businesses Kalmar and Hiab into two standalone companies. On 30 May 2024, Cargotec's Annual General Meeting resolved on the partial demerger of Cargotec Corporation in accordance with the demerger plan. On 30 June 2024, the completion of the partial demerger of Cargotec Corporation was registered with the Finnish Trade Register. Read more
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 | 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 |
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 | - |