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Cargotec completes the acquisition of maritime software company INTERSCHALT

Wed, 2nd Mar 2016 13:01

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 2 MARCH 2016 AT 3 PM (EET)
Cargotec completes the acquisition of maritime software company INTERSCHALT
Cargotec has completed the acquisition of INTERSCHALT maritime systems AG, after receiving regulatory approvals. The transaction was announced on 20 January 2016. The acquisition strengthens Cargotec's and its business areas' Kalmar's and MacGregor's software strategy and complements Cargotec's strategic aim to be the leader in intelligent cargo handling.
Cargotec will consolidate the results of INTERSCHALT software business into Kalmar business area results and the results of INTERSCHALT services business into MacGregor business area results as of March 2016.
Further information for the press:
Maija Eklöf, Vice President, Marketing and Communications, Kalmar, tel. +358 20 777 4096, maija.eklof@kalmarglobal.com
Further information for investors:
Paula Liimatta, IR Director, Cargotec Corporation, tel. +358 20 777 4084
Cargotec (Nasdaq Helsinki: CGCBV) is a leading provider of cargo and load handling solutions with the goal of becoming the leader in intelligent cargo handling. Cargotec's business areas Kalmar, Hiab and MacGregor offer products and services that ensure our customers a continuous, reliable and sustainable performance. Cargotec's sales in 2015 totalled approximately EUR 3.7 billion and it employs almost 11,000 people. www.cargotec.com
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.Source: Cargotec Corporation via Globenewswire
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