Cargotec
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| Type | Julkinen osakeyhtiö |
|---|---|
| Traded as | OMX: CGCBV |
| Industry | Industrial machinery |
| Founded | 2005 |
| Headquarters | Helsinki, Finland |
| Key people | Ilkka Herlin (Chairman) Mika Vehviläinen {President and CEO)[1] |
| Products | Marine cargo handling trucks, loader cranes, tail lifts |
| Operating income | 131 MEUR (2012)[2] |
| Profit | 89 MEUR (2012)[2] |
| Total assets | 3,294 MEUR (end 2012)[2] |
| Total equity | 1,232 MEUR (end 2012)[2] |
| Employees | 10,294 (end 2012)[2] |
| Website | www.cargotec.com |
Cargotec Oy is a Finnish company that makes cargo-handling machinery for ships, ports, terminals and local distribution.
Cargotec was formed in June 2005 when Kone Corporation was split into two companies to be listed: Cargotec and new KONE. After the split, Kone Corporation’s container handling (Kalmar Industries AB), load handling (HIAB and Moffett based in Ireland was acquired in 2000) and marine cargo handling (MacGREGOR) business units formed Cargotec. However, the businesses within Cargotec have much longer histories and a series of mergers and acquisitions during several decades. As of 2010, Cargotec's operations in both British, Irish and the Scandinavian regions have partnered with Hydroscand and SPECMA for OEM and after sales hydraulic requirements.
In January 2011, Cargotec announced it was to purchase Navis, a container terminal operating system (TOS) software company from Zebra Technologies Corporation. The purchase was completed in March 2011. Together with BLRT Grupp, Cargotec owns a marine service company MacGregor BLRT Baltic.[3]
At the end of 2012, Cargotec had about 10,500 personnel working in over 120 countries.
The heirs of Pekka Herlin, who founded Kone Corporation, own large chunks of Cargotec common stock. Current (since July 12, 2005) Chairman of the Cargotec's Board of Directors is Ilkka Herlin.
References [edit]
- ^ https://newsclient.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=538763&lang=en
- ^ a b c d e http://annualreport2012.cargotec.com/en
- ^ "Lithuania: Cargotec Opens New Marine Service Company MacGregor BLRT Baltic UAB in Klaipeda". World Maritime News. 2011-09-14. Retrieved 2011-10-04.
External links [edit]
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