Cargotec moots Kalmar/Hiab split

The company hopes the new operating model will improve profitability. Photo: Cargotec Corporation

More turmoil for Cargotec as it proposes a separation of its remaining core business

Cargotec is mooting the separation of its core Kalmar and Hiab businesses into two standalone companies.

The board of directors believes such a move would enable both to grow independently and, if approved, is likely to go ahead during this and next year.

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