Cargotec

Madrid, Spain Founded: 2005 • Age: 21 yrs
On-road load handling equipment is manufactured for various industries.
Annual revenue $1.7B Latest available
Total funding - 4 rounds
Employees 4230 Tracked headcount
Investors 1 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Cargotec

Cargotec is a company based in Madrid (Spain) founded in 2005. The company has 4,230 employees as of December 31, 2024. Cargotec has completed 3 acquisitions, including HATLAPA Uetersener Maschinenfabrik, Interschalt and Kaleris. Cargotec offers products and services including Loader Cranes and Tail Lifts.

  • Headquarter Madrid, Spain
  • Employees 4230 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Aerospace, Defense & Maritime
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Hiab Oyj Class B
Operational Areas
Aerospace, Defense & Maritime → Maritime Manufacturing & Operations Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.71 B (USD)
    -7.4
    as on Dec 31, 2024
  • Net Profit
    $1.11 B (USD)
    207.49
    as on Dec 31, 2024
  • EBITDA
    $498.57 M (USD)
    47.48
    as on Dec 31, 2024
  • Latest Funding Round
    $952.2 K (USD), Grant

    Jul 01, 2020

  • Investors
  • Employee Count
    4230

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Cargotec

Cargotec is a publicly listed company on the OMXHEX with ticker symbol HIAB in Finland, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OMXHEX · Ticker: HIAB · Sector: Producer manufacturing · Finland

Products & Services of Cargotec

Cargotec offers a comprehensive portfolio of products and services, including Loader Cranes and Tail Lifts.

Product name locked
Category locked
Primary

Loader cranes are developed and manufactured for lifting and handling loads in various sectors

Product name locked
Category locked
Locked

Tail lifts are produced to facilitate safe and efficient loading and unloading of vehicles

People of Cargotec

Headcount 10000+
Employee Profiles 209
Employee Profiles
People
Żaneta Łukasiewicz-Szura
Supplier Quality Engineer
People
Vilma Heikkinen
Paralegal
People
Tobias Milich
Gebietsleiter Moffett Ost
People
Scott Phillips
President

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Funding Insights of Cargotec

Investors in Cargotec

Cargotec has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Locked Locked Locked
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Investor details for Cargotec

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Cargotec

Cargotec has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include HATLAPA Uetersener Maschinenfabrik, Interschalt and Kaleris.

Investments
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Investment portfolio details for Cargotec

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based solutions for shipping and port management are offered.
Locked Locked 1988 Locked
Provider of software solutions for maritime logistics
Locked Locked 1954 Locked
Pumps and compressors for marine and industrial uses are manufactured.
Locked Locked 1919 Locked
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Complete acquisition details for Cargotec

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Financial Statements - Cargotec

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Detailed financials for Cargotec

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  • Profit trends
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Cargotec Comparisons

Cargotec Primary company
Description
On-road load handling equipment is manufactured for various ...
Location
Madrid, Spain
Founded Year
2005
Annual Revenue
$1.71 B (USD)
Net Profit
$1.11 B (USD)
EBITDA
$498.57 M (USD)
Employees
4,230
As of 2024
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Peer comparison for Cargotec

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Competitors of Cargotec

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Detailed competitors of Cargotec

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Latest news on Cargotec

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Complete news archive for Cargotec

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Frequently Asked Questions about Cargotec

Cargotec was founded in 2005 and raised its 1st funding round 8 years after it was founded.

Cargotec is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.

Casimir Lindholm is the current CEO of Cargotec.

As of Dec 31, 2024, the latest employee count at Cargotec is 4,230.

Annual revenue of Cargotec is $1.71B as on Dec 31, 2024.

Cargotec was founded in 2005 and is headquartered in Madrid, Spain. Operations focus on the manufacturing sector, where loader cranes, tail lifts, and hooklifts are produced for on-road applications across multiple industries. Equipment is engineered to support load handling processes, with emphasis placed on safety, efficiency, and sustainability. Development incorporates ongoing innovation to meet operational needs in diverse geographic markets.

Cargotec offers Loader Cranes and Tail Lifts.

Yes, Cargotec is publicly traded on OMXHEX under the ticker symbol HIAB.

Cargotec has made 3 acquisitions, including HATLAPA Uetersener Maschinenfabrik, Interschalt, and Kaleris.

Cargotec has 1 investor. Key investors include European Union.

The ticker symbol of Cargotec is HIAB on OMXHEX.

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