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Why invest in Cargotec
In April 2023 Cargotec's Board of Directors decided to investigate and initiate a process to potentially separate its core businesses Kalmar and Hiab into two standalone companies. Cargotec’s intention would be to separate Kalmar as a new listed company by means of a partial demerger from Cargotec. In February 2024, Cargotec's Board approved a demerger plan concerning the separation of Kalmar into a new listed company. More information.
Read about Cargotec M&A activities from this section.
| Company name | Announced | Closed | Transaction value | Business area | Sales | Employees |
|---|---|---|---|---|---|---|
| Kalmar, demerger | 27 April 2023 | 30 June 2024 (estimate) | More information | |||
| 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 |
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| Company name | Announced | Closed | Transaction value | Business area | Sales | Employees |
| Effer, acquisition | 31 July 2018 | 6 November 2018 | EUR 50 million | Hiab | EUR 71 million in 2017 | 400Â |
| Kalmar Rough Terrain Center (KRTC), divestment | 3 July 2018 | 3 July 2018 | Not disclosed | Kalmar | Not disclosed | - |
| Siwertell AB, joint venture | 9 May 2018 | 9 May 2018 | Not disclosed | Kalmar | SEK 582 million in 2017 | 114 |
| Marine and offshore business from TTS Group, acquisition | 8 February 2018 | 31 July 2019 | EUR 87 million | MacGregor | EUR 161 million in January-September 2017 | Whole TTS 930 |
| 2017Â Â Â Â Â Â | ||||||
| Inver Port Services, acquisition | 21 December 2017 | 29 December 2017 | Not disclosed | Kalmar | 5 MEUR in 2017 | 23 |
| Rapp Marine Group, acquisition | 21 December 2017 | 5 February 2018 | EV 16 MEUR | MacGregor | 40 MEUR in 2017 | 120 |
| Argos, acquisition | 1Â August 2017 | 4 October 2017 | Not disclosed | Hiab | Under 10 MEUR in 2016 | 60 |
| 2016Â Â Â Â Â Â | ||||||
| INTERSCHALT, acquisition | 20 January 2016 | 2 March 2016 | Not disclosed | Kalmar and MacGregor | 42 MEUR in 2014 | Over 200 |
| Flintstone, acquisition (51% share) | 29 September 2016 | 22 September 2016 | Not disclosed | MacGregor | Not disclosed | 10Â |
| 2014Â Â Â | ||||||
| Deep Water Solutions, acquisition | Â 27 February 2014 | 27 February 2014 | Not disclosed | MacGregor | Not disclosed | -Â |
| 2013 | ||||||
| Pusnes, acquisition | 30 October 2013 | -Â | EV 180 MEUR | MacGregor | 130 MEUR in 2012 | 370 |
| Hatlapa Group, acquisition | 16 July 2013 | -Â | EV 160 MEUR | MacGregor | 120 MEUR in 2013 (estimate) | 585 |
| Mareiport, acquisition | 7 May 2013 | -Â | Not disclosed | Kalmar | 20 MEUR in 2012 | 250 |
| 2012Â Â Â | ||||||
| Automation technology and expertise, , acquisition | 29 June 2012 | 1 July 2012 | Not disclosed | Kalmar | Not disclosed | 23Â |
| 2011Â Â Â | ||||||
| Component manufacturing in Estonia, divestment | 30 November 2011 | -Â | Not disclosed | - | Not disclosed | 370Â |
| Navis, acquisition | 31 January 2011 | -Â | 140 MEUR | Kalmar | 55 MEUR in 2011 (estimate) | Over 300 |
