Cargotec was a Finnish provider of cargo-handling and load-handling equipment and services for ports, terminals, road transportation, distribution, and marine operations. Its business included the Hiab, Kalmar, and MacGregor brands, which supplied equipment such as loader cranes, truck-mounted forklifts, hooklifts, tail lifts, terminal tractors, automated yard systems, and marine cargo-handling solutions.
The company was formed in 2005 through the demerger of Kone Corporation and developed a global network of manufacturing, sales, service, and technology operations. Its products and services were used by transportation companies, logistics operators, ports, shipowners, construction businesses, municipalities, and other commercial and industrial customers across Europe, the Americas, Asia-Pacific, and other international markets.
In 2024, Cargotec separated its Kalmar business into an independent publicly traded company. The remaining business, centered on the Hiab brand, became Hiab Corporation, a provider of on-road load-handling equipment and related services. Hiab’s offerings include loader cranes, forestry equipment, recycling and waste-handling solutions, truck-mounted forklifts, hooklifts, and tail lifts, supported by maintenance, spare-parts, digital, and lifecycle services.
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