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MacGregor Kalmar Stock Exchange release

Cargotec's Kalmar receives a major port equipment order from Colombia

8/13/2015

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 13 AUGUST 2015 AT 9 AM (EEST)

Kalmar, part of Cargotec, has been awarded a major port equipment order from long-standing customer Sociedad Portuaria Regional de Buenaventura S.A. (SPRBun) as they gear up for growth at their operations in Terminal Especializado de Contenedores de Buenaventura S.A. (TECSA) in Buenaventura, Colombia. The order was booked into Cargotec's 2015 second quarter order intake, with delivery of all units scheduled to be completed by April 2016. The value of the order is more than EUR 25 million.

The delivery includes 14 Kalmar E-One2 rubber-tyred gantry cranes (RTGs) and six Kalmar forklift trucks. The new equipment is set to compliment an existing fleet of 26 Kalmar Ottawa terminal tractors.

Mr Victor Julio Gonzalez, General Manager of SPRBun, commented "Our decision to work with Kalmar once again is due to a number of critical factors. The quality and design of the Kalmar E-One² RTG proved to be commercially very attractive to us, and throughout our long-term relationship Kalmar has always offered us the most efficient solutions as well as spare parts supply. As we continue to grow, the possibility of adding Kalmar process automation in the future will help us to maximize productivity in our terminal."

Troy Thompson, Vice President, Ports and Terminals, Kalmar Americas, said: "It is particularly satisfying to have gained this major order that clearly underpins the longstanding partnership between SPRBun and Kalmar. We are committed to providing our customer with the best equipment and technology to deliver reliable performance, operational safety and optimum productivity at their terminal."

Sociedad Portuaria Regional de Buenaventura S.A is the oldest port in Colombia and the main port on the Pacific Ocean with key focus of operations in container, automobile and bulk cargo handling, principally serving Bogota. Handling a current annual volume of 380,000 TEUs, throughput is expected to increase to 850,000 TEU by 2020 as they develop their domestic operations and enter the transshipment market.

Further information for the press:

Troy Thompson, Vice President, Ports and Terminals, Kalmar Americas, tel. +1 919 949 1192

Maija Eklöf, Vice President, Marketing and Communications, Kalmar, tel. +358 20 777 4096, maija.eklof@kalmarglobal.com

Further information for the investors:
Eeva Sipilä, Executive Vice President and CFO, tel. +358 20 777 4104

Cargotec shapes the cargo handling industry for the benefit of its customers and shareholders. Cargotec's business areas MacGregor, Kalmar and Hiab are recognised leaders in cargo and load handling solutions around the world. Their global network is positioned close to customers and offers extensive services that ensure a continuous, reliable and sustainable performance according to customers' needs. Cargotec's sales totalled approximately EUR 3.4 billion in 2014 and it employs approximately 11,000 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki Ltd under symbol CGCBV. www.cargotec.com