Cargotec Details Plans to Spin Off Kalmar

Cargotec’s Board of Directors have approved a demerger plan, announced in April 2023, for all assets, debts and liabilities related to the Kalmar business.Cargotec’s board said separating the entities “could unlock shareholder value by allowing both businesses to pursue sustainable profitable growth opportunities independently.”Kalmar is a provider of container handling and heavy logistics services “with strong market positions, geared to grow by making the industry electrified and more sustainable,” Cargotec ... [+]

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