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Why invest in Cargotec
On 27 April 2023, Cargotec's Bopard of Directors decided to investigate and initiate a process to potentially separate its core businesses Kalmar and Hiab into two standalone companies. On 30 May 2024, Cargotec's Annual General Meeting resolved on the partial demerger of Cargotec Corporation in accordance with the demerger plan. On 30 June 2024, the completion of the partial demerger of Cargotec Corporation was registered with the Finnish Trade Register. Read more
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 | 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 |
| Company name | Announced | Closed | Transaction value | Business area | Sales | Employees |
| Navis, divestment | 6 February 2020 | 1 July 2021 | See the release | Kalmar | EUR 107 million (2020) | - |
| Biarri Rail, acquisition | 19 February 2020 | - | Not disclosed | Kalmar (Navis) | Not disclosed | - |
| Jade Logistics, acquisition | 9 December 2019 | - | Not disclosed | Kalmar (Navis) | Not disclosed | - |
| Octopi, acquisition | 8 March 2019 | - | Not disclosed | Kalmar (Navis) | Not disclosed | - |
