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Published: February 2007      

Kalmar looks to a risorgimento in Italy

Kalmar’s deal to acquire CVS Ferrari raises a number of strategic questions.

Kalmar Industries has thrown down the gauntlet to the rest of the heavy lift truck industry with the deal to buy CVS Ferrari, subject to competition authority approvals. The price has not been disclosed, but could be close to CVS’s net sales for 2006, €85M (US$110M). CVS is dwarfed by Kalmar’s net sales came to €1.2B last year....


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