Mergers & Acquisitions Mergers & Acquisitions

Cargotec-Konecranes New Zealand merger prompts straddle-carrier supply scrutiny

By Laurel Henning
  • 18 Nov 2021 22:26
  • 18 Nov 2021 22:26
Plans by Finnish rivals Cargotec and Konecranes to create a merged “global leader” in container-handling equipment is drawing further scrutiny from New Zealand’s competition regulator, which is focusing on the deal’s potential impact on straddle-carrier supply.

In a statement of issues published today, the New Zealand Commerce Commission said its primary concern was

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