# Singapore competition authority consults on proposed merger of Cargotec and Konecranes

The Competition and Consumer Commission of Singapore is assessing the proposed merger between Cargotec Corporation and Konecranes Plc, inviting public feedback. Both are Finnish companies supplying container handling and material handling equipment.

- Type: Acquisition
- Announced: 2021-10-26
- Where: Singapore
- Status: announced
- Products: container handling equipment, industrial lifting equipment
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

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

## Sources

- [ccs.gov.sg](https://www.ccs.gov.sg/media-and-events/newsroom/announcements-and-media-releases/cccs-consults-on-the-proposed-merger-between-cargotec-corporation-and-konecranes-plc/), 2021-10-26: "CCCS is inviting public feedback on the proposed merger between Cargotec Corporation and Konecranes Plc."

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