Cargotec plans Kalmar-Hiab separation

News Story
- 4 May 2023 ( #1126 ) - Helsinki, Finland
1 min read
Flashback: the merger is called off
Flashback: the merger is called off

The board of directors of Cargotec will investigate and initiate a process to potentially separate its core businesses, Kalmar and Hiab, into two standalone companies. Cargotec’s intention would be to separate Kalmar as a new listed company by means of a partial demerger from Cargotec. 

Based on the initial assessment, the board has estimated that the separation of Kalmar and Hiab could unlock shareholder value by allowing both businesses to pursue sustainable profitable growth opportunities independently. 

The planning of the potential partial demerger is intended to be carried out during 2023 and the potential execution and separate listing of Kalmar on Nasdaq Helsinki would, if carried out, take place in 2024. 

As announced by Cargotec on 14 November 2022, MacGregor, which is currently one of the three business areas of Cargotec, will not be part of Cargotec’s portfolio in the future. Therefore, in parallel, Cargotec’s focus remains to continue looking for a solution for MacGregor during 2024. If the planned actions are completed, there would be three separate businesses, Kalmar, Hiab and MacGregor.

Cargotec says the planned partial demerger would be a logical next step in Cargotec’s previously announced aim to increase the independence of its businesses. 

In 2022, Cargotec’s plan to merge with Konecranes was cancelled after a decision by the UK Competition & Markets Authority to block the merger between the materials handling giants. 

Briefs
Briefs 26 Jun 2025 - 1 min read
Noblelift moves to acquire Canadian distributor
Noblelift moves to acquire Canadian distributor 26 Jun 2025 - Quebec, Canada - 1 min read
Bolzoni acquires specialist equipment manufacturer
Bolzoni acquires specialist equipment manufacturer 29 May 2025 - Piacenza, Italy - 1 min read
Previously about:
Hiab reports USD20 million order from US News Story - 23 Jan 2025 - Jonkoping, Sweden - 1 min read
Moffett forklift Florida dealer named News Story - 19 Dec 2024 - Jacksonville, FL, United States - 1 min read
Hiab unveils EX.232 Hipro News Story - 5 Sep 2024 - Jonkoping, Sweden - 1 min read
Hiab reports USD20 million order from US News Story - 23 Jan 2025 - Jonkoping, Sweden - 1 min read
Moffett forklift Florida dealer named News Story - 19 Dec 2024 - Jacksonville, FL, United States - 1 min read
Hiab unveils EX.232 Hipro News Story - 5 Sep 2024 - Jonkoping, Sweden - 1 min read
Kalmar delivers reach stacker, targets approved News Story - 3 Jul 2025 - Ghent, Belgium - 1 min read
Genma-Kalmar branding to change News Story - 19 Jun 2025 - Nantong, China - 1 min read
Briefs News Story - 19 Jun 2025 - 1 min read
Do you have materials handling news? Submit your news here

Even the heaviest lifts must be easy to handle. That’s why N.C. Nielsen raises the bar in lifting capacity, maneuverability, operator comfort, flexibility and technical capabilities.
Heavy duty reach stackers – lifting capacity from 85 to 180 tons.
VIEW ALL OUR CUSTOM-BUILT HEAVY DUTY REACH STACKERS

Contact us now: +45 99 83 83 83 - www.nc-nielsen.com

Words of support …

Undoubtedly, peer experience plays a crucially important role in our industry and it is extremely valuable for us to be part of the platform, where industry professionals, as well as end users can discuss and learn more about the materials handling world.

Alexandra Artemova, Marketing Specialist

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

We’re excited to launch a major upgrade to the Forkliftaction forums, packed with new features and improvements. Here’s what’s new:

  • You can now add up to two photos to your posts
  • New search & navigation - find what you need easier
  • Smart brand/model tagging across all forums
  • Top contributors recognised for their efforts!

 Head over to the forums to check it out!

Inside The News
While innovation and new technology are evolving at what seems to be an ever-increasing pace, the need to capture the data (telemetry) from this tech, and the ability to utilise it (telematics) for efficiency and cost savings, is one area attracting more and more attention ... Continue reading

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Even the heaviest lifts must be easy to handle. That’s why N.C. Nielsen raises the bar in lifting capacity, maneuverability, operator comfort, flexibility and technical capabilities.
Heavy duty reach stackers – lifting capacity from 85 to 180 tons.
VIEW ALL OUR CUSTOM-BUILT HEAVY DUTY REACH STACKERS

Contact us now: +45 99 83 83 83 - www.nc-nielsen.com