# Cargotec and JCE Invest form Bruks Siwertell Group joint venture

Cargotec and JCE Invest AB formed a joint venture, Bruks Siwertell Group, for dry bulk handling. Cargotec owns 48% and JCE Invest owns 52% of the new company, which will own Siwertell AB and Bruks Holding AB.

- Type: Partnership
- Announced: 2018-05-09
- Status: announced
- Products: dry bulk handling solutions
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Cargotec](https://endata.com/companies/1832.md) (partner)
- [Bruks Siwertell](https://endata.com/companies/8592.md) (target)
- [JCE Invest AB](https://endata.com/companies/31787.md) (partner)

## Sources

- [portalportuario.cl](https://portalportuario.cl/cargotec-y-jce-invest-ab-establecen-empresa-conjunta-de-manejo-de-granel-seco/), 2018-05-09: "Esta empresa conjunta respalda la estrategia de Cargotec de concentrarse en puertos de contenedores, segmentos industriales pesados y logística."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.