Cargotec plans to separate Kalmar and Hiab into standalone companies

Cargotec's board initiated a process to potentially separate Kalmar and Hiab into two standalone listed companies via a partial demerger, with Kalmar's listing on Nasdaq Helsinki targeted for 2024.

“The Board of Directors of Cargotec Corporation has decided to investigate and initiate a process to potentially separate its core businesses Kalmar and Hiab into two standalone companies.”heavyliftnews.com

• 2 sources
• heavyliftnews.comCargotec Planning to Separate Kalmar and Hiab – Heavy Lift NewsDick HillApr 28, 2023
• forkliftaction.comCargotec plans Kalmar-Hiab separation, Finland. News story in Forkliftaction NewsMay 4, 2023

Summarized from public sources; check the original articles before acting on it.