Cargotec Completes the Acquisition of INTERSCHALT

logo

By MarEx 2016-03-02 10:49:10

Cargotec completes the acquisition of maritime software company INTERSCHALT

Cargotec has completed the acquisition of INTERSCHALT maritime systems AG, after receiving regulatory approvals. The transaction was announced on 20 January 2016. The acquisition strengthens Cargotec's and its business areas' Kalmar's and MacGregor's software strategy and complements Cargotec's strategic aim to be the leader in intelligent cargo handling.

Cargotec will consolidate the results of INTERSCHALT software business into Kalmar business area results and the results of INTERSCHALT services business into MacGregor business area results as of March 2016.

The products and services herein described in this press release are not endorsed by The Maritime Executive.