Why invest in Cargotec?Watch a short video
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.
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|