# Cargotec seeks clearance to acquire Konecranes

Cargotec Corporation has applied for clearance from the New Zealand Commerce Commission to acquire Konecranes Plc as part of a global merger.

- Type: Acquisition
- Announced: 2021-09-07
- Where: New Zealand
- Status: announced
- Products: cargo handling equipment, cranes, terminal tractors, forklifts, lifting equipment
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Konecranes](https://endata.com/companies/511.md) (target)
- [Cargotec](https://endata.com/companies/1832.md) (acquirer)

## Sources

- [comcom.govt.nz](https://www.comcom.govt.nz/news-and-media/news-and-events/2021/cargotec-and-konecranes-seek-clearance-to-merge/), 2021-09-07: "The Commerce Commission has received an application from Cargotec Corporation (Cargotec) seeking clearance to acquire Konecranes Plc (Konecranes) as part of a global transaction."

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