# European Commission conditionally approves Cargotec/Konecranes merger

The European Commission conditionally approved the planned merger between Cargotec and Konecranes, requiring divestiture of Konecranes' Lift Truck business and Cargotec's Kalmar Automation Solutions. The merger completion remains subject to other regulatory approvals.

- Type: Regulation
- Announced: 2022-02-28
- Status: announced
- Products: container handling equipment, lift trucks, cranes
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

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

## Sources

- [hoistmagazine.com](https://www.hoistmagazine.com/news/ec-conditionally-approves-cargoteckonecranes-merger-9513604/), 2022-02-28: "The European Commission has 'conditionally approved' the planned merger between Cargotec and Konecranes."

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