Cargotec to buy Indital

News 15 Feb 2007 by WCN Editorial

Yet another OEM is to be snapped up by the acquisitive Cargotec. Hard on the heels of Kalmar’s latest high profile deal to take over CVS Ferrari (subject to regulatory approvals), Cargotec has announced that it has made an agreement to acquire yet another OEM competitor, Indital Construction Machinery Ltd (Indital), based in Bangalore, India.

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Business Cargo Handling Equipment Mergers/Acquisitions/Restructuring Mobile CHE Cargotec Container & Cargo Handling Equipment FLTs Indital Construction Machinery Mobile Harbour Cranes/MHCs Reachstackers

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