Rainbow-Cargotec Industries

China

Activity by year

2017201820192020202120222023202420252026

ExpansionAcquisition

Announcements · 4

Jul 31, 2020EXPANSIONImmingham, England, United Kingdom$43.0M
Humber Container Terminal completes £33M upgrade with new STS cranes
Two new ship-to-shore cranes worth £11.5 million arrived at the Port of Immingham as part of a £33 million upgrade and improvement programme at Immingham Container Terminal. The cranes were supplied by Kalmar JV with Rainbow Cargotec Industries.
Associated British Ports Kalmar supplier Rainbow-Cargotec Industries supplier #Material Handling heavyliftnews.com
Jun 3, 2020ACQUISITIONTaicang, China, China160 jobs
Cargotec sells 49% stake in RCI joint venture to Rainbow Industries
Cargotec sold its 49% ownership in Rainbow-Cargotec Industries (RCI) to joint venture partner Jiangsu Rainbow Heavy Industries, while acquiring certain operations and assets from RHI. The partner renamed to Rainbow Industries Co. Ltd. (RIC), and Kalmar gained over 160 new colleagues in China and Finland.
Cargotec Kalmar partner Rainbow-Cargotec Industries target Jiangsu Rainbow Heavy Industries acquirer Jiangsu Rainbow Heavy Industries partner Rainbow Industries Co. Ltd. partner #Material Handling kalmarglobal.com kalmar.cn logistics-manager.com
Apr 9, 2020ACQUISITIONTaicang, China, China$37.0M160 jobs
Cargotec establishes joint venture with Jiangsu Rainbow Heavy Industries in China
Cargotec has established Rainbow-Cargotec Industries Co Ltd, a joint venture with Jiangsu Rainbow Heavy Industries, with Cargotec owning 49% and investing EUR 30 million. A new facility will be built in Taicang, China.
Cargotec Cargotec target Rainbow-Cargotec Industries target Jiangsu Rainbow Heavy Industries acquirer Jiangsu Rainbow Heavy Industries partner #Material Handling manufacturing-journal.net kalmarglobal.com worldcargonews.com
Mar 2, 2017EXPANSIONTaicang, Jiangsu Province, China, Chinaops 2 Mar 2017
Kalmar and RCI open new jetty in Taicang, China
Kalmar and Rainbow-Cargotec Industries (RCI) celebrated the opening of a new jetty in Taicang, China, to support deliveries of fully erect Kalmar yard cranes. The jetty can berth vessels up to 50,000 DWT.
Cargotec investor Kalmar partner Rainbow-Cargotec Industries partner Jiangsu Rainbow Heavy Industries partner #Material Handling kalmarglobal.com

Dealingsⓘ

Acquired by

Jiangsu Rainbow Heavy Industries2× · 2020

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