# European Commission conditionally approves Cargotec-Konecranes merger

The European Commission conditionally approved the merger between Cargotec and Konecranes, requiring divestment of Konecranes' Lift Truck business and Cargotec's Kalmar Automation Solutions.

- Type: Regulation
- Announced: 2024-01-27
- Status: announced
- Products: container handling equipment, reach stackers, container handlers, forklift trucks, cranes, shuttle carriers
- 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

- [worldports.org](https://www.worldports.org/european-commission-gives-green-light-to-cargotec-konecranes-merger/), 2024-01-27: "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.