Cargotec Strengthens Offering to Swedish Industrial Customers

Kalmar, the business area providing container handling solutions within Cargotec, has signed an agreement to acquire Truck och Maskin i Örnsköldsvik AB, a sales and service company assisting heavy industrial handling customers in Norrland, the northern region of Sweden. The move strengthens Kalmar’s sales and service presence in northern Sweden to industrial customers in the wood handling segment. The parties have agreed not to disclose the transaction value. The agreement is subject to competition authority approval.