On 27 April 2023, Cargotec’s Board of Directors decided to investigate and initiate a process to potentially separate its core businesses Kalmar and Hiab into two standalone companies. On 30 May 2024, Cargotec’s Annual General Meeting resolved on the partial demerger of Cargotec Corporation in accordance with the demerger plan. On 30 June 2024, the completion of the partial demerger (the “Demerger”) of Cargotec Corporation (“Cargotec”) has been registered with the Finnish Trade Register
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