Cargotec
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| Cargotec, Plc. | |
 |
|
| Type | Public |
|---|---|
| Founded | 2005 |
| Headquarters | Espoo, Finland |
| Key people | Ilkka Herlin (Chairman of the board), Carl-Gustaf Bergström (President and CEO) |
| Industry | Marine cargo handling |
| Products | Trucks, loader cranes, tail lifts, etc. |
| Employees | 7,300 |
| Website | http://www.cargotec.com/ |
Cargotec (Helsinki Stock Exchange: CGC) is a Finnish company that provides cargo-handling solutions for ships, ports, terminals and local distribution.
Cargotec was formed in June 2005 when Kone Corporation was split into two companies to be listed: Cargotec and new KONE. After the split, Kone Corporation’s container handling (Kalmar), load handling (Hiab) and marine cargo handling (MacGREGOR) business units formed Cargotec. However, the businesses within Cargotec have much longer histories and a series of mergers and acquisitions during several decades.
As of 2005, Cargotec Corporation had about 7300 personnel working in over 140 countries.
The heirs of Pekka Herlin, who founded Kone Corporation, own large chunks of Cargotec common stock. Current (since July 12, 2005) Chairman of the Cargotec's Board of Directors is Ilkka Herlin. His brother Antti Herlin, a major owner and CEO of KONE, was also elected as a member of the Board of Directors.
[edit] External link
| OMX Helsinki 25 companies of Finland | |
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Amer Sports | Cargotec | Elisa | Fortum | Huhtamäki | KCI Konecranes | Kesko | KONE | Metso | M-real | Neste Oil | Nokia | Nokian Renkaat | Nordea AB | |
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