Cargotec Strengthens Service Set-Up in U.S.

Kalmar, the business area providing container handling solutions within Cargotec, has made an agreement to acquire the assets and business of Port Equipment Service, Inc. (PES) based in Portsmouth, Virginia, United States. This acquisition will strengthen Kalmar’s service business in U.S. ports and intermodal terminals. The parties have agreed not to disclose the transaction value.