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 |
 Effer |  31 July 2018 |  6 November 2018 | EUR 50 million |  Hiab |  EUR 71 million in 2017 | 400 |
Divestment of Kalmar Rough Terrain Center (KRTC) |  3 July 2018 |  3 July 2018 |  Not disclosed | Kalmar | Not disclosed |  - |
Siwertell ABÂ Siwertell AB, previously owned by Kalmar, will be owned by a joint venture called Bruks Siwertell Group which was established together with JCE Invest AB |
 9 May 2018 |  9 May 2018 | Not disclosed | Kalmar | SEK 582 million in 2017 |  114 |
Marine and offshore business from TTS Group Presentation of the acquisition |
8 February 2018 | Â 31 July 2019 | EUR 87 million | MacGregor | EUR 161 million in January-September 2017Â | Whole TTS 930 |
2017Â Â Â Â Â Â | ||||||
Inver Port Services | 21 December 2017 | 29 December 2017 | Not disclosed | Kalmar | 5M€ in 2017 | 23 |
Rapp Marine Group | 21 December 2017 | 5 February 2018 | EV 16M€ | MacGregor | 40M€ in 2017 | 120 |
Argos | 1 August 2017 | 4 October 2017 |  Not disclosed |  Hiab |  Under 10M€ in 2016 | 60 |
2016Â Â Â Â Â Â | ||||||
INTERSCHALT | 20 January 2016 | 2 March 2016 |  Not disclosed | Kalmar and MacGregor | 42M€ in 2014 | Over 200 |
Flintstone (51% share) | 29 September 2016 | 22 September 2016 | Â Not disclosed | Â MacGregor | Â Not disclosed | 10Â |
2014Â Â Â | ||||||
Deep Water Solutions | Â 27 February 2014 | 27 February 2014 | Â Not disclosed | Â MacGregor | Not disclosed | -Â |
2013 | ||||||
Pusnes |  30 October 2013 | - |  EV 180M€ |  MacGregor | 130M€ in 2012 | 370 |
Hatlapa Group | 16 July 2013 | - | EV 160M€ |  MacGregor | 120M€ in 2013 (estimate) | 585 |
Mareiport | 7 May 2013 | - |  Not disclosed |  Kalmar | 20M€ in 2012 |  250 |
2012Â Â Â | ||||||
Automation technology and expertise from Asciano | 29 June 2012 | 1 July 2012 | Â Not disclosed | Â Kalmar | Â Not disclosed | 23Â |
2011Â Â Â | ||||||
Component manufacturing in Estonia (divestment) |
30 November 2011 | -Â | Â Not disclosed | Â - | Not disclosed | 370Â |
Navis | 31 January 2011 | - |  140M€ |  Kalmar | ~55M€ in 2011 (estimate) | Over 300 |