menu

Our businesses:

{{displayStock}}

Cargotec as an investment

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.

M&A history

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.

2022–2019

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   -

2006-2005

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 -
What do you think of the site?