the references used may be made clearer with a different or consistent style of citation footnoting or external linking . march 2016 learn how and when to remove this template message cargotec corporation type julkinen osakeyhti traded as nasdaq helsinki cgcbv industry industrial machinery founded 2005 headquarters helsinki finland key people ilkka herlin chairman mika vehvil inen ceo products macgregor hatch covers lashing systems cargo handling cranes roro equipment winches and offshore load handling systems . kalmar automation and integration solutions for terminals ship to shore and yard cranes straddle and shuttle carriers reachstackers empty container handlers terminal tractors and forklift trucks . tos spreaders and bulk handling systems . hiab loader cranes forestry and recycling cranes demountables truck mounted forklifts and tail lifts 1 revenue 3 729 meur 2015 2 operating income 231 meur 2015 3 profit 143.0 meur 2015 3 total assets 3 571 meur end 2015 3 total equity 1 233 meur end 2015 3 number of employees 10 837 end 2015 3 website www.cargotec.com cargotec oyj is a finnish company that makes cargo handling machinery for ships ports terminals and local distribution . cargotec was formed in june 2005 when kone corporation was split into two companies to be listed cargotec and new kone 1 . after the split kone corporation s container handling kalmar industries ab load handling hiab and marine cargo handling macgregor business units formed cargotec . however the businesses within cargotec have much longer histories and have been formed through a series of mergers and acquisitions over several decades . 4 at the end of 2015 cargotec had approximately 11 000 personnel working in over 100 countries . cargotec s major shareholders 2 are the heirs of pekka herlin who founded kone corporation . current since july 12 2005 chairman of the cargotec s board of directors is ilkka herlin . contents 1 business areas 2 history 3 ownership 4 references 5 external links business areas edit kalmar products and services are used in ports terminals distribution centres and in the heavy industry . kalmar products include forklifts terminal tractors quay cranes yard cranes ascs shuttle and straddle carriers reachstackers and equipment for empty container handling . lately kalmar has invested in terminal automation and in energy efficient container handling . 3 hiab products service and spare parts are used in on road transport and delivery . the product portfolio includes loader cranes demountables forestry cranes recycling cranes truck mounted forklifts and tail lifts . 4 macgregor focuses on engineering solutions and services for handling marine cargos and offshore loads . macgregor products are used in maritime transportation offshore and naval logistics markets in ports and terminals as well as on board ships . 5 a few years back cargotec prepared a separation and possible listing of macgregor in singapore . due to market conditions and focusing on integration of major acquisitions cargotec s board of directors decided in october 2013 to delay the listing . 5 history edit cargotec was formed in june 2005 when kone corporation was split into two companies to be listed cargotec and new kone . after the split kone corporation s marine cargo handling macgregor container handling kalmar industries ab and load handling hiab and moffett the latter being based in ireland and acquired in 2000 business units formed cargotec . however the businesses within cargotec have much longer histories and they have been formed through a series of mergers and acquisitions during several decades . cargotec s kalmar business area started to take shape in 1997 when partek corporation acquired the finnish state owned sisu ltd including its terminal tractor business . during the same year partek acquired a major shareholding in kalmar industries ltd a container handling equipment producer . 6 the foundations of cargotec s hiab business area were laid in 1977 when partek corporation bought multilift group . in 1985 partek acquired hydrauliska industrier ltd hiab and jonsered forestry cranes . a couple of years later partek strengthened its forestry crane expertise by acquiring that particular business line from fiskars . several business acquisitions in 2000 enforced the load handling business . in 2004 the name hiab was taken into use for the whole load handling business in cargotec . 7 macgregor originates from england where it started to serve shipping companies and shipyards in 1937 . the marine cargo business of the company in a broader meaning started in 1983 when macgregor merged with the finnish navire . in 1993 incentive acquired macgregor navire and merged it with h gglunds marine . in 1998 the majority of macgregor was sold to industri kapital . in 2005 cargotec bought macgregor international ab the global marine cargo flow solutions provider to strengthen the company s cargo handling offering . several mergers and acquisitions have taken place since to further strengthen macgregor . 8 ownership edit the major shareholders of cargotec are pekka herlin s heirs ilkka herlin wipunen varainhallinta oy niklas herlin mariatorp oy and ilona herlin d sijoitus oy each managing over 22 % of votes . 9 references edit https newsclient.omxgroup.com cds disclosureattachmentservlet showinline true & messageattachmentid 547181 cargotec financial review 2015 . cargotec . retrieved 17 february 2016 . a b c d e https newsclient.omxgroup.com cds disclosureattachmentservlet showinline true & messageattachmentid 547180 mika vehvil inen to be cargotec s new ceo as of 1 march 2013 . omxgroup.com . retrieved 3 april 2014 . cargotec s financial statements review 2013 orders and cash flow strengthened towards the year end . cargotec . 4 february 2014 . retrieved 5 june 2014 . external links edit official website v t e omx helsinki 25 companies of finland cargotec elisa fortum kemira kesko kone konecranes metso neste nokia nokian tyres nordea orion corporation outokumpu outotec pohjola bank rautaruukki sampo sanoma stora enso talvivaara mining company teliasonera upm w rtsil yit v t e automotive industry in finland automotive industry economy of finland transportation in finland active elcat electric vehicles kalmar industries patria sisu auto solifer tunturi valmet defunct finlandia uusi autokeriteollisuus vanajan autotehdas components cargotec related topics highways in finland helsinki motor show euro ncap note defunct companies above are shown in italics retrieved from https en.wikipedia.org w index.php title cargotec & oldid 741554122 categories companies established in 2005companies based in helsinkicompanies listed on the helsinki stock exchangemanufacturing companies of finlandtruck manufacturersmotor vehicle manufacturers of finlandforklift truck manufacturersreachstacker manufacturerscrane manufacturerscontainer crane manufacturersfinnish brands2005 establishments in finlandhidden categories 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