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Cargotec as an investment

Why invest in Cargotec?

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Cargotec is a technology leader with strong market positions in all business areas, Kalmar, Hiab and MacGregor. We have leading brands in markets with long term growth potential and several megatrends, such as urbanisation and growing middle class, support our businesses.

Our aim is to transform from an equipment provider into a leader in intelligent cargo handling. We will achieve this by focusing on our four strategic must-win battles: customer centricity,  services, digitalisation and productivity.

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.


Company name Announced Closed Transaction value Business area Sales Employees
Navis, divestment 6 February 2020 - See the release Kalmar EUR 107 million (2020) -
Cargotec and Konecranes, merger 1 October 2020 - See the release Cargotec See the release See the release
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
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
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 -
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