# Cargotec to exit heavy port crane business

Cargotec announced it will exit the heavy port crane part of its Kalmar business, either by ramping down activities or finding a buyer.

- Type: Closure
- Announced: 2022-05-31
- Status: announced
- Products: heavy port cranes
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

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

## Sources

- [portstrategy.com](https://www.portstrategy.com/news/operations/cargotec-plots-a-new-structure-and-growth/), 2022-05-31: "Cargo-handling machinery group Cargotec has announced that it is to exit the heavy port crane part of its Kalmar business"

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