Cargotec and Konecranes merger raises preliminary competition concerns* The ACCC has outlined preliminary competition concerns in relation to a proposed merger between container handling equipment companies Cargotec and Konecranes, in a statement of issues published today. In Australia, Cargotec’s Kalmar business and Konecranes’ Port Solutions business supply heavy equipment such as cranes, straddle carriers and reach stackers that move shipping containers to and from ships, trains and trucks. Their main customers are stevedores and other container handling companies. “The market feedback we’ve received is that
The Australian Competition Authority finds that a merger between two maritime container suppliers raises competition concerns (Cargotec / Konecranes)
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