While one of Cargotec’s most important acquisitions has fallen foul of the German competition authority, it is the high value of the Euro that is encouraging more competition elsewhere.
The decision of the German Federal Cartel Office last month to prohibit Cargotec from acquiring CVS Ferrari on competition grounds was made after a lengthy review process that is revealing of the lift truck and reach stacker industry....
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This complete item is approximately 3500 words in length, and appeared in the September 2007 issue of WorldCargo News, on page 47.
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