Mergers & Acquisitions Mergers & Acquisitions

Cargotec, Konecranes global deal sparks regulatory scrutiny in New Zealand

By Laurel Henning
  • 07 Sep 2021 00:42
  • 07 Sep 2021 00:42
Finnish rivals Cargotec and Konecranes’ plan to merge and become a “global leader” in container-handling equipment is set to face a review in New Zealand, after the companies filed a clearance application with the country's competition regulator. 

In a statement today (see here), the New Zealand Commerce Commission announced receipt of the clearance

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