The Finnish transshipment crane and vehicle manufacturer Kalmar, owned by Cargotec, has sold its gantry and container crane division to China’s Rainbow Industries (CRI).Read more
Following the cancellation of the merger with Konecranes, Cargotec has decided to exit Kalmar’s heavy cranes business and started evaluating strategic options for MacGregor. The move comes as the company refocuses its strategy strategy for higher...Read more
The merger between Cargotec and Konecranes has been called off after the UK Competition & Markets Authority (CMA) has blocked it. According to the CMA’s final report, the remedies would not be effective in addressing...Read more
Merger between the cargo handling equipment manufacturer Cargotec and cranes and lifting gear manufacturer, Konecranes, has received conditional thumbs up from the European Commission. The merger is conditional on the divestment of Konecranes’ Lift Truck business...Read more
Cargotec Corporation and Konecranes’ planned merger has received approval from the State Administration for Market Regulation, the competition authority in China. It is the first hurdle the proposed merger has overcome on the road to...Read more
Cargotec has completed the acquisition of the marine and offshore businesses of cargo handling equipment manufacturer TTS Group, following a lengthy regulatory approval process in China.
The agreement to buy TTS Group’s marine and offshore division...Read more
