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Comment: Cargotec, Konecranes dust off 'China threat' argument that failed for Siemens, Alstom

By Andrew Boyce
  • 27 Aug 2021 04:27
  • 27 Aug 2021 04:27
Cargotec and Konecranes are looking to succeed where Siemens and Alstom failed by arguing that their merger is necessary to counter the looming competitive threat of a state-backed heavyweight from China.

The Finnish rivals are Europe's two largest suppliers of container- and cargo-handling equipment, but they argue that their industry is being “transformed”

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