# Vestergaard Company acquires remaining shares in Kalmar Motor

Vestergaard Company has acquired the remaining shares in Kalmar Motor AB, becoming the sole shareholder. The acquisition builds on a strategic partnership that began in 2017.

- Type: Acquisition
- Announced: 2022-10-01
- Where: Kalmar, Sweden
- Status: completed
- Products: airport equipment, electric tractors
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Vestergaard Company](https://endata.com/companies/65684.md) (acquirer)
- [Kalmar Motor](https://endata.com/companies/65685.md) (target)

## Sources

- [kalmarmotor.com](https://kalmarmotor.com/en/2022/10/vestergaard-company-acquire-remaining-shares-in-kalmar-motor/), 2022-10-01: "We are delighted to have been given the opportunity to continue the proud legacy of Kalmar Motor."

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