Cargotec Oyj

Cargotec Oyj

Cargotec Oyj

Date Founded



Porkkalankatu 5, Helsinki, 00180, FIN

Type of Company


Employees (Worldwide)



Marine Shipping
Trucks, Construction & Farm Machinery
Other Transportation
Industrial Machinery & Manufacturing

Company Description

Cargotec improves the efficiency of global cargo flows. We have a global presence and local services in more than 750 sales and service locations in more than 120 countries. Our brands MacGregor, Kalmar and Hiab mark the equipment, solutions and products we provide to our customers. There are approximately 10,500 of us around the globe, ensuring that our customers always receive the best possible solutions and service. Learn more about us! Global presence with local services Cargo traffic is one of the vital services that help keep our global society up and running. Millions of items, from raw materials to consumer products, are transported locally and between countries. Cargotec’s global presence allows it to serve customers both in mature markets and in growing economic areas. Our mission is to improve the efficiency of cargo flows. We do this by helping our customers’ operations run more efficiently: we deliver reliable equipment and services, maximise fleet and ship productivity, and we can help in improving the overall performance of our customers’ operations with complete systems, concepts and design

Contact Data
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Executives & Employees

President & Chief Executive Officer

Chief Financial Officer & Executive Vice President

Senior Vice President & General Counsel

Chief Information Officer

President, Kalmar

Senior Vice President, Human Resources

Senior Vice President-Finance Kalmar Region

Vice Chairman

Director-Investor Relations

Director, Corporate Communications

Board of Directors

Vice Chairman at Cargotec Oyj

Former Chairman & President at Pienelo Oy

Chairman & Chief Investment Officer at WIP Asset Management Oy

Chief Executive Officer at SSH Communications Security Oyj

President & Chief Executive Officer at Tieto Oyj

Chief Executive Officer at Gasum Oy

Executive Chairman at Kemppi Oy

Former Group Senior Vice President at ABB Asea Brown Boveri Ltd.

Paths to Cargotec Oyj
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Cargotec Oyj
Owners & Shareholders
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VER is a long-term, risk-averse manager which makes investment decisions on the basis of their required return and the yield potential of prospective investments. They allocate risk through investment in various investment categories, markets, industries, instruments, companies, as well as in bonds issued by different governments and of different maturities. The interest rate instruments and share instruments are liquid. The real estate, private equity, infrastructure and absolute return funds are of a longer-term duration.The firm is a responsible shareholder which does not intervene or otherwise participate in the administration of the companies in which they invest, but does maintain dialogue with their management and VER representatives may attend companies' general meetings. They believe that the best way for VER to promote the success of companies in which they have holdings is to be a responsible shareholder.

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Mandatum Life is an active manager which provides clients with a variety of stable investment return choices including absolute returns, relative returns or index returns, structured investments, alternative investment solutions and external funds. In addition, investors can invest in many Nordic corporate bonds directly at their issue.The firm's investment approaches utilize various asset classes. Their investment managers manage assets using investment baskets, the funds of their selected partners, structured investment solutions, single shares, exchange traded funds and derivative instruments.Their portfolio management service offers a range of risk/return strategies including defensive, conservative, balanced, growth and aggressive, based on the composition of fixed-income and equities in the portfolio.

Recent Transactions
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Cargotec Oyj, Hiab Oy purchase Effer Spa from CTE SpA

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MacGREGOR Group AB, Cargotec Oyj purchase TTS Group ASA /Marine & Offshore Business from TTS Group ASA

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Cargotec Oyj, MacGregor Norway AS purchase Rapp Marine Group AS from Nord Kapitalforvaltning AS

Transaction Advisors
Investment Advisor

Advised onMacGREGOR Group AB, Cargotec Oyj purchase HATLAPA Uetersener Maschinenfabrik GmbH & Co. KG from Hatlapa Verwaltungs GmbH

Investment Advisor

Advised onCargotec Oyj purchases East Coast Cranes & Electrical Contracting, Inc.

Investment Advisor

Advised onCargotec Oyj purchases China Crane Investment Holdings Ltd. from Carlyle Asia Growth Partners IV LP, The Carlyle Group LP (Corporate Private Equity)


Advised onCargotec Oyj purchases China Crane Investment Holdings Ltd. from Carlyle Asia Growth Partners IV LP, The Carlyle Group LP (Corporate Private Equity)

Legal Advisor

Advised onCargotec Oyj purchases China Crane Investment Holdings Ltd. from Carlyle Asia Growth Partners IV LP, The Carlyle Group LP (Corporate Private Equity)

Legal Advisor

Advised onMacGREGOR Group AB, Cargotec Oyj purchase HATLAPA Uetersener Maschinenfabrik GmbH & Co. KG from Hatlapa Verwaltungs GmbH

Advisors & Consultants

Chief Financial Officer at Tieto Oyj


Director at PricewaterhouseCoopers Oy


Toromont Industries Ltd. operates through two business segments: The Equipment Group and CIMCO. The Equipment Group includes one of the larger Caterpillar dealerships by revenue and geographic territory in addition to industry leading rental operations. CIMCO is a market leader in the design, engineering, fabrication and installation of industrial and recreational refrigeration systems. Each segment offers comprehensive product support capabilities. The Company's common shares are listed on The Toronto Stock Exchange - Stock Symbol TIH.

Tata Motors Limited is India's largest automobile company, with consolidated revenues of INR 1,65,654 crores (USD 32.5 billion) in 2011-12. It is the leader in commercial vehicles in each segment, and among the top three in passenger vehicles with winning products in the compact, midsize car and utility vehicle segments. It is the world's fourth largest truck and bus manufacturer. The Tata Motors Group’s over 55,000 employees are guided by the vision to be ''best in the manner in which we operate, best in the products we deliver, and best in our value system and ethics.'' Established in 1945, Tata Motors' presence indeed cuts across the length and breadth of India. Over 7.5 million Tata vehicles ply on Indian roads, since the first rolled out in 1954. The company's manufacturing base in India is spread across Jamshedpur (Jharkhand), Pune (Maharashtra), Lucknow (Uttar Pradesh), Pantnagar (Uttarakhand), Sanand (Gujarat) and Dharwad (Karnataka). Following a strategic alliance with Fiat in 2005, it has set up an industrial joint venture with Fiat Group Automobiles at Ranjangaon (Maharashtra) to produce both Fiat and Tata cars and Fiat powertrains. The company's dealership, sales, services and spare parts network comprises over 3,500 touch points. Tata Motors, the first company from India's engineering sector to be listed in the New York Stock Exchange (September 2004), has also emerged as an international automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, Spain and South Africa. Among them is Jaguar Land Rover, a business comprising the two iconic British brands that was acquired in 2008. JLR supports two state of the art engineering and design facilities and three manufacturing plants (Solihull, Castle Bromwich & Halewood) in the UK. In 2004, Tata Motors acquired the Daewoo Commercial Vehicles Company, South Korea's second largest truck maker. The rechristened Tata Daewoo Commercial Vehicles Company has launched several new products in the Korean market, while also exporting these products to several international markets. Today two-thirds of heavy commercial vehicle exports out of South Korea are from Tata Daewoo. In 2005, Tata Motors acquired a 21% stake in Hispano Carrocera, a reputed Spanish bus and coach manufacturer, and subsequently the remaining stake in 2009. Hispano's presence is being expanded in other markets. In 2006, Tata Motors formed a joint venture with the Brazil-based Marcopolo, a global leader in body-building for buses and coaches to manufacture fully-built buses and coaches for India and select international markets. In 2006, Tata Motors entered into joint venture with Thonburi Automotive Assembly Plant Company of Thailand to manufacture and market the company's pickup vehicles in Thailand. The new plant of Tata Motors (Thailand) has begun production of the Xenon pickup truck, with the Xenon having been launched in Thailand in 2008. Tata Motors (SA) (Proprietary) Ltd., Tata Motors' joint venture with Tata Africa Holding (Pty) Ltd., has its assembly plant in South Africa at Rosslyn, north of Pretoria, in the Gauteng province of South Africa. The plant can assemble, from semi knocked down (SKD) kits, light, medium and heavy commercial vehicles ranging from 4 - 50 tonnes. Tata Motors is also expanding its international footprint, established through exports since 1961. The company's commercial and passenger vehicles are already being marketed in several countries in Europe, Africa, the Middle East, South East Asia, South Asia, CIS, Russia and South America. It has franchisee/joint venture assembly operations in Bangladesh, Ukraine, and Senegal. The foundation of the company's growth over the last 66 years is a deep understanding of economic stimuli and customer needs, and the ability to translate them into customer-desired offerings through leading edge R&D. With over 4,500 engineers and scientists, the company's Engineering Research Centre, established in 1966, has enabled pioneering technologies and products. The company today has R&D centres in Pune, Jamshedpur, Lucknow, Dharwad in India, and in South Korea, Spain, and the UK. It was Tata Motors, which developed the first indigenously developed Light Commercial Vehicle, India's first Sports Utility Vehicle and, in 1998, the Tata Indica, India's first fully indigenous passenger car. Within two years of launch, Tata Indica became India's largest selling car in its segment. In 2005, Tata Motors created a new segment by launching the Tata Ace, India's first indigenously developed mini-truck. In January 2008, Tata Motors unveiled its People's Car, the Tata Nano, which India and the world have been looking forward to. The Tata Nano has been subsequently launched, as planned, in India in March 2009. A development, which signifies a first for the global automobile industry, the Nano brings the comfort and safety of a car within the reach of thousands of families. In May 2009, Tata Motors ushered in a new era in the Indian automobile industry, in keeping with its pioneering tradition, by unveiling its new range of world standard trucks called Prima. In their power, speed, carrying capacity, operating economy and trims, they will introduce new benchmarks in India and match the best in the world in performance at a lower life-cycle cost. In October 2010, Tata Motors launched the Tata Aria, the first Indian four-wheel drive crossover. The Tata Aria redefines several benchmarks with its design and technologies, offering class leading features that take comfort and safety to a new height. Tata Motors is equally focussed on environment-friendly technologies in emissions and alternative fuels. It has developed electric and hybrid vehicles both for personal and public transportation. It has also been implementing several environment-friendly technologies in manufacturing processes, significantly enhancing resource conservation. Through its subsidiaries, the company is engaged in engineering and automotive solutions, construction equipment manufacturing, automotive vehicle components manufacturing and supply chain activities, machine tools and factory automation solutions, high-precision tooling and plastic and electronic components for automotive and computer applications, and automotive retailing and service operations. Tata Motors is committed to improving the quality of life of communities by working on four thrust areas employability, education, health and environment. The activities touch the lives of more than a million citizens. The company's support on education and employability is focused on youth and women. They range from schools to technical education institutes to actual facilitation of income generation. In health, our intervention is in both preventive and curative health care. The goal of environment protection is achieved through tree plantation, conserving water and creating new water bodies and, last but not the least, by introducing appropriate technologies in our vehicles and operations for constantly enhancing environment care. With the foundation of its rich heritage, Tata Motors today is etching a refulgent future

Yangzijiang Shipbuilding (Holdings) Ltd. engages in the provision of agency services for shipbuilding and related activities. It operates through the following segments: Shipbuilding, Investments, Trading and Others. The Shipbuilding segment handles offshore marine equipment construction and ship design. The Investment segment consists of micro-financing and investments in financial assets. The Trading segment consists of trading of goods. The Others segment includes ship demolition and vessel owning companies. The company was founded in 1956 and is headquartered in Jingjiang, China.

Key Stats and Financials As of 2018
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Debt TEV
Three Year Compounded Annual Growth Rate Of Revenue
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China Crane Investment Holdings Ltd., a subsidiary of Cargotec Oyj, is a company headquartered in Hong Kong, Hong Kong, that operates as an investment holding company.

Balkrishna Industries Ltd. Auto Parts & Tires | Mumbai, MA

Balkrishna Industries Ltd. engages in the business of manufacturing and selling of off-highway tires. Its product includes Pneumatic Tyres. The company was founded on November 20, 1961 and is headquartered in Mumbai, India.

Jiangsu Rainbow Heavy Industries Co., Ltd. Trucks, Construction & Farm Machinery | Nantong, JS

Jiangsu Rainbow Heavy Industries Co., Ltd. engages in the manufacture of heavy lifting machineries. Its major business is high-end equipment manufacture and environmental protection. The high-end equipment manufacture module include material lifting, offshore equipment and ship building, the products covered all kinds of lifting machinery, ship equipment, marine equipment, car parking equipment, engineering vessels and other related products. The environmental protection module include industrial wastewater treatment, sludge treatment, hazardous solid waste disposal and other energy saving, recycling economy business. The company was founded on September 25, 2003 and is headquartered in Nantong, China.

Prevas AB IT Consulting & Services | Västerås, VM

Prevas AB engages in the provision of information technology solutions and services. It offers product development, embedded systems, and industrial information technology and automation. It operates through the following segments: Sweden, Denmark, and Others. The company was founded in 1985 and is headquartered in Vasteras, Sweden.

International Business Machines Corporation IT Consulting & Services - Armonk, NY

The International Business Machines Corporation (IBM) is an American multinational technology and consulting corporation, with headquarters in Armonk, New York, United States. IBM manufactures and markets computer hardware and software, and offers infrastructure, hosting and consulting services in areas ranging from mainframe computers to nanotechnology.

General Electric Company Power & Utilities - Boston, MA

General Electric Co. is a technology and financial services company that develops and manufactures products for the generation, transmission, distribution, control and utilization of electricity. Its products and services include aircraft engines, power generation, water processing, security technology, medical imaging, business and consumer financing, media content and industrial products. The company operates through the following segments: Power, Oil & Gas, Aviation, Healthcare, Transportation, Appliances & Lighting and GE Capital. The Power segment serves power generation, industrial, government and other customers worldwide with products and services related to energy production. The Oil & Gas segment supplies mission critical equipment for the global oil and gas industry, used in applications spanning the entire value chain from drilling and completion through production, liquefied natural gas and pipeline compression, pipeline inspection, and downstream processing in refineries and petrochemical plants. The Aviation segment products and services include jet engines, aerospace systems and equipment, replacement parts and repair and maintenance services for all categories of commercial aircraft; for a wide variety of military aircraft, including fighters, bombers, tankers and helicopters; for marine applications; and for executive and regional aircraft. The Healthcare segment products include diagnostic imaging systems such as magnetic resonance, computed tomography and positron emission Tomography scanners, X-ray, nuclear imaging, digital mammography and molecular imaging technologies. The Transportation segment engages in global technology and supplier to the railroad, mining, marine and drilling industries. The Appliances & Lighting segment products include major appliances and related services for products such as refrigerators, freezers, electric and gas ranges, cooktops, dishwashers, clothes washers and dryers, microwave ovens, room air conditioners, residential water systems for filtration, softening and heating, and hybrid water heaters. The GE Capital segment offers financial services and products worldwide for businesses of all sizes, services include commercial loans and leases, fleet management, financial programs, credit cards, personal loans and other financial services. The company was founded by Thomas A. Edison in 1878 and is headquartered in Boston, MA.

FMC Corporation Chemicals - Philadelphia, Pennsylvania

FMC is one of the world’s leading specialty chemical companies. We are proud that our chemistries are helping to grow the world’s food, enabling new innovations in pharmaceutical delivery, enhancing foods and beverages, contributing to a more sustainable energy supply, facilitating the remediation of our environment, and advancing the manufacture of hundreds of essential products.

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