Comment / M&A radar: Cargotec + Konecranes merger – increasingly shaky, with two 'buts'

One of the biggest mergers in the container handling equipment sector – a key provider to the supply chain – is looking increasingly shaky by the day, as competition regulators around the world begin to voice their opposition.

The proposed merger of two Finnish engineering behemoths in the sector – Cargotec and Konecranes* – both listed on the Helsinki Stock Exchange and hitherto very much fierce competitors, appears to be on the ropes as regulators express concerns over the market distortion ...