Kalmar Sells Rough Terrain Handling Business


Kalmar, part of Cargotec, has signed an agreement to sell its rough terrain handling business, Kalmar Rough Terrain Center (KRTC).

A Texas-based investment group, headed by Independent Bankers Capital Funds (IBCF) and Congruent Investment Partners, LLC (Congruent), will purchase the business.

KRTC specializes in manufacturing equipment for rough terrain material handling, as well as being a manufacturer and distributor of parts.

View Kalmar's range of cargo handling solutions in PTI's Supplier Directory

Commenting on the agreement, Antti Kaunonen, President of Kalmar, said: “This transaction follows Kalmar's strategy to focus on container ports, heavy industry and distribution segments. 

“The rough terrain handling business is outside these core areas. Furthermore, KRTC operates to a large extent as a stand-alone business with limited synergies with the rest of Kalmar.”

Read more:

Read Kalmar's latest Port Technology technical paper on how to automate an existing RTG terminal

Antti Kaunonen, President of Kalmar, has discussed how standardization should be defined and used

Daily Email Newsletter

Sign up to our daily email newsletter to receive the latest news from Port Technology International.

Supplier Directory

Find out how to get listed

Webinar Series

Find out how to attend

Latest Stories

Cookie Policy. This website uses cookies to ensure you get the best experience on our website.