Cargotec - M&A Summary and Business Overview

MachineryCompany

Cargotec M&A Summary

Cargotec has acquired 2 companies. A total of 1 acquisition came from private equity firms. It has also divested 1 asset.

Cargotec’s largest acquisition to date was in 2004, when it acquired MacGREGOR Group AB for $210M. It’s largest disclosed sale occurred in 2021, when it sold Navis to Accel-KKR for $428M. Cargotec has acquired in 1 US state, and 2 countries. The Company’s most targeted sectors include marine (50%) and software (50%).

Cargotec Business Overview

Where is Cargotec headquartered?

Cargotec is headquartered in Helsinki, Finland.

What is Cargotec’s revenue?

Cargotec disclosed revenue of 4,569M EUR for 2023 and 4,089M EUR for 2022.

How many employees does Cargotec have?

Cargotec has 6,109 employees.

What sector is Cargotec in?

Cargotec is a machinery company.

When was Cargotec founded?

Cargotec was founded in 2005.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity2
    • M&A Sell Activity1
  • Total Sectors Invested 2
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 3

Cargotec

Cargotec Corp.

Porkkalankatu 5,
Helsinki, 00180
Finland,
+358-2-07774000
www.cargotec.com

Cargotec is a provider of cargo and load-handling solutions. Cargotec's business areas Kalmar, Hiab and MacGregor offer products and services that ensure our customers a continuous, reliable and sustainable performance. Cargotec was founded in 2005 and is based in Helsinki, Finland.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 2 - - - - - 2
vol $400M $400M
Sell (0.2/yr) # - - 1 - - - 1
vol $428M $428M
  3

Most Recent M&A

Company Date Value Type
Navis LLC 2021-03-26 428M EUR Divestiture
Oakland, California · www.navis.com
Navis LLC 2011-03-21 190M USD Divestiture
Oakland, California · www.navis.com
MacGREGOR Group AB 2004-01-12 210M EUR Add-on Acquisition
Helsinki, Finland · www.macgregor-group.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Software 1 (50%) 190M (48%) 1 (100%) 428M (100%)
Marine 1 (50%) 210M (52%) - -
Total 2 $400M 1 $428M

By Geo

State/Country Buy Value Sell Value
United States 1 190M 1 428M
  California 1 190M 1 428M
Finland 1 210M - -
Domestic 1 (50%) 210M (52%) - -
Cross-border 1 (50%) 190M (48%) 1 (100%) 428M (100%)
Total 2 $400M 1 $428M

Deal Values

buy # Total
$100M to $1B 2 $400M
TOTAL $400M
Largest MacGREGOR Group AB
$210M (2004-01-12)
sell # Total
$100M to $1B 1 $428M
TOTAL $428M
Largest Navis LLC
$428M (2021-03-26)

M&A Connections

Deals
Acquired from
Investor(s)
50%
1 (50%)
Strategic(s)
50%
1 (50%)
Divested to
Investor(s)
100%
1 (100%)

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Related Lists for Cargotec

Machinery Companies , Finland Companies