Deal Announcement: Kalmar Demerger and listing
Sector: Industrial Manufacturing (Heavy material handling)
Type of deal Cargotec’s Kalmar business listing to NASDAQ Helsinki main market
Date: 1 July 2024
PwC provided comprehensive advisory services throughout the entire Kalmar demerger and listing process, acting as the separation, tax, legal structuring and financial reporting adviser.
Kalmar offers a wide range of industry shaping heavy material handling equipment and services to ports and terminals, distribution centres, manufacturing and heavy logistics. Kalmar operates globally in over 120 countries, the company's sales on a carve-out basis in 2023 totalled approximately EUR 2.0 billion and it employed around 5,000 people on a carve-out basis as at 31 March 2024.
PwC’s global end-to-end deal advisory offering ensured the seamless and timely execution of all relevant activities across all different project phases.
We want to thank Cargotec and Kalmar for great collaboration and congratulate all participants for a successful demerger and listing!
Marko Koski
Sari Elonheimo
Partner, Capital Markets and Accounting Advisory Services, PwC Finland
+358 (0)20 787 7289
Martti Virolainen
Kauko Storbacka
