Cargotec

On 1 October 2020, Konecranes Plc (“Konecranes”) and Cargotec Corporation (“Cargotec”) announced that the companies had signed a combination agreement and planned to combine through a merger, subject to regulatory and other approvals (the “Transaction”). Konecranes and Cargotec confirm that they have filed for approval in many of the jurisdictions where the transaction requires regulatory […]

Cargotec’s board of directors has confirmed the company’s refined strategy and vision. Breakthrough objectives are sustainability and profitable growth. With its business areas Kalmar, MacGregor and Hiab, Cargotec’s vision is to become the global leader in sustainable cargo flow. Cargotec’s CEO Mika Vehviläinen said, “Our previous vision – becoming the global leader in intelligent cargo […]

Kalmar, part of Cargotec, will supply seven forklift trucks for Outokumpu’s Tornio stainless steel plant in Finland. The Q1 order will be delivered in Q2 and Q3 this year and includes a five year Essential Care service agreement. Outokumpu’s Tornio plant is the most integrated stainless steel operation in the world. The plant consists of […]

Kalmar, part of Cargotec, and Nokia, have announced that they will expand their ongoing collaboration to provide new solutions for ports and intermodal terminal operators seeking to automate operations and achieve greater productivity. Nokia and Kalmar will combine their communications and cargo handling technology expertise in new joint go-to-market ventures, integrated solutions development and research […]

Finland based Kalmar, part of Cargotec, will supply a total of eight, fully electric, medium forklift trucks to leading Austrian timber product supplier Vöcklamarkter Holzindustrie GmbH (VM-Holz).  With a lifting capacity of 16t, the Kalmar medium electric forklift trucks, powered by lead-acid battery technology, will offer VM-Holz the performance of a powerful diesel truck but […]

Cargotec and Konecranes have announced that they have signed an agreement and a merger plan to combine the two companies. It is anticipated that the merged companies will be well positioned to lead the industry shift towards increased sustainability based on intelligent solutions, by being a lifecycle partner for its customers and prioritising safety in […]

Cargotec’s CEO Mika Vehviläinen says that the company’s half year financial report – from January to June 2020 – show that Cargotec has given a solid performance in an exceptional environment. He says, “The second quarter began in a very exceptional situation with the rapid spread of the coronavirus in our main market areas. The […]

Kalmar, part of Cargotec, has been awarded a contract to supply the Tanzania Ports Authority (TPA) with a total of six Kalmar rubber-tyred gantry (RTG) cranes for use at Dar es Salaam port. The order was booked in Cargotec’s 2020 Q1 order intake, with delivery scheduled for Q1 of 2021. The units delivered to TPA […]

Kalmar, part of Cargotec, will be supplying a leading Turkish equipment rental company Maktas Makinali Tasima (Maktas) with a total of six Kalmar Eco Reachstackers. The order was booked in Cargotec’s 2019 Q4 order intake, with delivery scheduled to be staggered through Q1 of 2020. Established in 1979, Maktas offers rental and sales of both […]

Kalmar, part of Cargotec, has signed a performance-based service contract with Metsä Fibre covering their Kemi pulp mill in north-western Finland. The agreement was booked in Cargotec’s 2019 Q2 order intake and will come into effect at the beginning of Q4 2019. Metsä Fibre produces pulp, sawn timber and other bio-products for growing markets and […]