European Commission conditionally approves Cargotec/Konecranes merger

The European Commission has conditionally approved the planned merger between Cargotec and Konecranes. The approval, which follows the Commission’s extensive investigation and widespread consultation with market participants across Europe, is conditional on the divestment of Konecranes’ Lift Truck business and Cargotec’s Kalmar Automation Solutions.  Konecranes’ Lift Truck business includes its business for the manufacturing and […]

25/02/2022 - 13:23 pm

Konecranes and Cargotec seeks to satisfy competition concerns

Konecranes and Cargotec have submitted commitments to the European Commission to satisfy competition concerns related to the companies’ merger. Konecranes and Cargotec have continued an active dialogue and cooperation with the relevant competition authorities and have been considering ways to mitigate the concerns raised by the competition authorities to secure approvals to complete their merger. […]

10/12/2021 - 15:04 pm

New Issue

LHI October 2022

In this month's issue