Our businesses:


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
Majority share in Kalmar (Malaysia) Sdn.Bhd. 15 December 2010 Early January 2011 Not disclosed  Kalmar Approximately 12 M€ per year  125
Hallberg-Ivarsson Hydraulik & Påbyggnad 15 November 2010 1 January 2011  Not disclosed Hiab   - 2-3 part-time 
Waltco Hydraulics (divestment) 7 January 2010 Not disclosed   -
Sales and service business in Morocco 11 December 2009 Not disclosed   - 44 
Danish sales and services company 19 August 2009 Not disclosed   -
80% of CVS Technoports S.r.l. and CVS Service S.r.l. 3 November 2008 Not disclosed   8M€ in 2007 65 
Equipos y Servicios para Terminales y Puertos SRL 11 August 2008 Not disclosed  Kalmar   1M€ in 2007 17 
Zepro Tailgate (1987) Ltd 17 June 2008 Not disclosed   -
Platform Crane Services International Inc  10 April 2008   MacGregor   16 M$ in 2007 105 
South African Bowman Cranes Ltd 1 April 2008  July 2008 Not disclosed  Hiab   -
DEL Equipment (UK) Limited and Ultron Lift Corp. 27 February 2008 March 2008  Not disclosed  Hiab   23M€ in 2007 164 
O’Leary’s Material Handling Services 20 February 2008  Not disclosed Hiab  2.6 M€ in 2007 24 
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