Mergers & Acquisitions Mergers & Acquisitions

Comment: Cargotec, Konecranes to face EU scrutiny over container-handling deal

By Andrew Boyce
  • 14 Oct 2020 11:53
  • 14 Oct 2020 11:53
Cargotec’s plan to merge with rival Konecranes is almost certain to draw intense scrutiny from EU regulators as the two companies appear to have a near monopoly over sales of some equipment used to transport and handle containers at terminals.
While the two Finnish companies combined seem to account for

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Andrew Boyce

Correspondent


Andrew is a reporter covering merger reviews and competition policy for MLex in Brussels. He joined MLex in 2015 and holds a degree and a master’s degree in history from the University of Liverpool.

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