Mergers & Acquisitions Mergers & Acquisitions

Cargotec-Konecranes merger sent for in-depth EU review

By Andrew Boyce and Natalie McNelis
  • 02 Jul 2021 11:50
  • 02 Jul 2021 11:50
The merger of Cargotec and Konecranes will go to an in-depth EU review, the European Commission said today, voicing concerns that the deal could reduce competition in the supply of certain container and cargo handling equipment in Europe.
 
”Cargotec and Konecranes are two global leaders in the supply of container and cargo handling

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