With this merger the new range of products and services will comprise world-class lifecycle services, intelligent equipment and software that will create value for customers by improving their sustainability, safety and productivity. Customer value will also be created through broad service availability and coverage, an advanced technology offering, integrated solutions and lifecycle customer support.
Their combined capabilities will further accelerate development of key innovations in the areas of automation, robotics, digitalization and electrification. The Future Company will have a foundation on which to grow faster than the market.
The proposed combination of Cargotec and Konecranes is expected to unlock value for shareholders of the Future Company through complementary skills, increased R&D scale, global top talent, operational excellence, and synergies. The synergies are expected to be approximately EUR 100 million annually, and fully realised in the first 3 years from the completion.
As one of the providers for their equipment, we here at Steelcore Engineering are excited about this development and are highly expectant of the future as we look forward to working with this new merged company and bringing you any new innovations they may develop.
