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Published: September 2006      

Kalmar to acquire Catracom

Cargotec has announced that its container handling subsidiary Kalmar had made an agreement to buy its Belgian distributor, Catracom, for an undisclosed sum. The deal is subject to competition authority approvals.

Catracom, which had net sales of some €70M last year and is Kalmar’s most successful distributor of reach stackers and FLTs, has been on Kalmar’s “shopping list” for about five years. Kalmar has systematically been buying up independent distributors all over the world and Catracom is the biggest and among the last to be absorbed. Catracom’s owner and managing director Ludwig Callens will continue with the business....


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