About Cavotec
Cavotec is a publicly listed company based in Lugano (Switzerland) founded in 1974, and was acquired by Fernweh in October 2022. Designer and manufacturer of automated connection electrification systems. Its chief executive, as recorded, is Mikael Norin. Its website cavotec.com draws about 16 thousand monthly visits. Its Indian entity Cavotec India Private Limited reported revenue of ₹42.62 Cr. Cavotec offers products and services including Crane Electrification, Shore Power, Automated Mooring, Radio Remote Controls, and Charging Solutions. Its focus areas include Aerospace, Maritime and Defense Tech, Maritime Tech, Shipping and Port Management and Port Management.
Company details
Cavotec was founded in 1974 in Lugano, Switzerland, where automated connection and electrification systems are designed and manufactured for ports, airports, and various industries. Operations focus on products such as motorized reels, radio remote controls, spring reels, joysticks and controls, cables, connectors and power units, and cable chains. The company serves global sectors requiring reliable electrification solutions, with headquarters based in Switzerland.
- Indian entity revenue₹42.62 Cr
FY 2025 · +22% YoY
- Indian entity net loss-₹4.45 Cr
FY 2025 · -10% margin
- Indian entity EBITDA-₹3.13 Cr
FY 2025 · -7% margin
- Investors
- Acquired byFernweh
(Oct 2022)
Associated legal entities of Cavotec
Cavotec operates through Cavotec India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Cavotec India Private Limited CIN U35303PN2005PTC137896 | Active | 14 Oct 2005 | Pune, Maharashtra | ₹42.6 Cr | 37 | 6 | View details |
Products & Services of Cavotec
Cavotec offers a comprehensive portfolio of products and services, including Crane Electrification, Shore Power, Automated Mooring, Radio Remote Controls, and Charging Solutions.
Provides power solutions for cranes in ports.
Delivers electricity to ships at docks.
Automates vessel mooring processes in ports.
Enables remote operation of equipment.
Supports ultra-fast charging for vehicles.
Apps and channels of Cavotec
its YouTube channel Cavotec Group has 13 subscribers and 30 videos.
Videos from Cavotec
The most watched videos on Cavotec's YouTube channel, Cavotec Group (13 subscribers). Click a video to play it here.
More on Cavotec Group.
Investors in Cavotec
Cavotec has secured backing from 1 investor. Prominent investors backing the company include Fernweh Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Industrial technology companies are supported by Fernweh Group. | fernweh.com |
Investor details for Cavotec
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Board of directors of Cavotec India Private Limited (Cavotec)
Cavotec India Private Limited is the primary company behind Cavotec. The board of Cavotec India Private Limited currently have 5 directors; the longest-serving is Kiran Vishweshwar Habbu, appointed in 2019. 16 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kiran Vishweshwar Habbu DIN 08472472 | Managing Director | 30 May 2019 | 7 yrs 4 mo | Cavotec India Private Limited |
| Mukesh Vijay DIN 09670362 | Director | 26 Jul 2022 | 4 yrs 3 mo | Cavotec India Private Limited |
| Savita Liladhar Vaswani DIN 02363442 | Company Secretary | 15 Mar 2025 | 1 yr 7 mo | Cavotec India Private Limited |
| Vanessa Tisci DIN 11143540 | Director | 11 Jun 2025 | 1 yr 4 mo | Cavotec India Private Limited |
| Kulandai Raj DIN 11145274 | Director | 11 Jun 2025 | 1 yr 4 mo | Cavotec India Private Limited |
People of Cavotec
22 people are tracked at Cavotec (14 in leadership, 5 in board & advisors, 3 in team).
| Name | Role | Group |
|---|---|---|
Mikael Norin | CEO | Leadership |
Joakim Wahlquist | Group Chief Financial Officer | Leadership |
Bhupinder Singh | Managing Director | Leadership |
Alfredo Rivas | Executive Director Sales Americas, Ports & Maritime/industry & Mining Divisions | Leadership |
David Pagels | Group CEO | Leadership |
Patrick Mares | Division President, Ports & Maritime | Leadership |
Markus Haas | Operations Director | Leadership |
| Country Manager & Managing Director | Leadership | |
René Meldem | Chief Human Resources Officer, Member Of The Executive Team | Leadership |
Jörgen Ohlsson | Senior VP Global Operations | Leadership |
Kulandai Raj X S | Director Operations | Leadership |
Daniele Bonomi | Head Of Consolidation | Leadership |
Davide Allegretti | Chief Information Officer | Leadership |
Patrick Baudin | President Services Division | Leadership |
Patrik Tigerschiöld | Chairman | Board & advisors |
Annette Kumlien | Board member | Board & advisors |
Niklas Edling | Board member | Board & advisors |
Peter Nilsson | Director | Board & advisors |
Keith Svendsen | Board Member | Board & advisors |
Pasqualino Cimino | Proposal Engineer | Team |
2 more people are available in the full profile.
Complete people profiles for Cavotec
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IPO & Listings of Cavotec
Cavotec is a publicly listed company on the OMXSTO with ticker symbol CCC in Sweden, 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.
- IPO date21 Oct 2011
- Listed onSTO: CCC
- Listed entityCavotec Group AB
- Exchange sectorProducer manufacturing
- ISINSE0025010887
- Share price11.55 SEK · 2026-10-13
- Market capitalisation1,232,339,163.00 SEK
- Price to earnings100.8
- EPS (diluted, trailing year)-0.74 SEK
- Volume (last session)4,631
Financials of Cavotec
Figures of Cavotec India Private Limited, the primary company behind Cavotec, for FY 2025. Revenue was ₹42.62 Cr (+22% year on year). Net loss was -₹4.45 Cr (-10% margin). EBITDA was -₹3.13 Cr (-7% margin). Revenue has grown at a compounded annual rate of +28% over three years and +9% over five years.
- ₹42.62 CrRevenue · FY 2025 · +22% YoY
- -₹4.45 CrNet loss · -10% margin
- -₹3.13 CrEBITDA · -7% margin
- ₹21.10 CrPaid-up capital
- 37Employees (provident fund records)
- +28%Revenue CAGR, 3 years
- +9%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 1.77B SEK | -15.4M SEK | 90.2M SEK |
| 2024 | 2.00B SEK | 43.9M SEK | 180.4M SEK |
| 2023 | 2.07B SEK | 2.1M SEK | 141.0M SEK |
| 2022 | 1.57B SEK | -33.7M SEK | 9.9M SEK |
| 2021 | 1.17B SEK | -376.5M SEK | 43.5M SEK |
Balance sheet, profit and loss, cash flow and ratios of Cavotec India Private Limited are on its company page.
Detailed financial statements for Cavotec
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Timeline of Cavotec
3 dated milestones of Cavotec across 48 years, from founding to its latest funding, stage changes and deals.
- Founded Cavotec is founded.
- IPO Lists on the stock exchange (IPO).
- Exit Acquired by Fernweh.
Web traffic of Cavotec
The website of Cavotec (cavotec.com) receives about 16.4K visits a month.
- Monthly visits16.4K
▼ 1.9% vs previous month
Websites whose visitors overlap most with Cavotec. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| magnetek.com | 100% | View details | |||
| nibe.com | 91% | 18.1K | #1,161,197 | View details | |
| electroair.eu | 84% | #5,183,847 | View details | ||
| nordicnet.se | 82% | 6.1K | #3,426,282 | View details | |
| trelleborg.com | 74% | 199.4K | #207,763 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for Cavotec
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Related news about Cavotec
Complete news archive for Cavotec
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Frequently Asked Questions about Cavotec
Cavotec was founded in 1974.
Cavotec is headquartered in Lugano, Switzerland. It is registered at Lugano, Ticino, Switzerland.
Mikael Norin is the CEO of Cavotec, as recorded in our data.
The primary company behind Cavotec, Cavotec India Private Limited, reported revenue of ₹42.62 Cr for FY 2025, up 22% year on year.
Cavotec was founded in 1974 in Lugano, Switzerland, where automated connection and electrification systems are designed and manufactured for ports, airports, and various industries. Operations focus on products such as motorized reels, radio remote controls, spring reels, joysticks and controls, cables, connectors and power units, and cable chains. The company serves global sectors requiring reliable electrification solutions, with headquarters based in Switzerland.
Cavotec offers Crane Electrification, Shore Power, Automated Mooring, Radio Remote Controls, and Charging Solutions.
Yes, Cavotec is publicly traded on OMXSTO under the ticker symbol CCC.
Cavotec has 1 investor. Key investors include Fernweh Group.
Cavotec operates through Cavotec India Private Limited.
Yes. Cavotec was acquired by Fernweh in October 2022.
The legal entities of Cavotec currently have 5 directors, including Kiran Vishweshwar Habbu, Mukesh Vijay, Savita Liladhar Vaswani and others.