Today, Kalmar was notified that the German competition authority (Kartelamt) has banned Kalmar's acquisition of Italian CVS Ferrari on the basis of it being anticompetitive. Kalmar is examining the decision and its fundaments. 

Kalmar announced the plan to acquire CVS Ferrari on December 29, 2006 with the deal being subject to competition authority approval.

Note to editors

Press information can be found on Kalmar's website: www.kalmarind.com. Simply click on News Room to be taken to a list of recent press releases.

Every fourth container or trailer transfer at terminals around the world is handled by a Kalmar machine. The company also supplies a wide range of machines to demanding industrial customers for applications as diverse as handling steel and paper to shunting road trailers at distribution hubs. Kalmar is also leading the way in port automation applications with its application of unmanned container handling technology, on-board smart features and remote maintenance products developed in co-operation with customers and partners.

Kalmar’s product range is complemented by a large range of value added services such as maintenance contracts and fleet management. Production plants are situated in Sweden, Finland, the Netherlands, Malaysia, China and the USA. Kalmar’s net sales were EUR 1.2 billion in 2006.

Kalmar is part of Cargotec Corporation, the world's leading provider of cargo handling solutions, which are used in local transportation, terminals, ports, distribution centres, and ships. In 2006 Cargotec’s net sales were EUR 2.6 billion. Cargotec’s class B shares are listed on the Helsinki Stock Exchange.