Cardo expands in China

Cardo's business area Cardo Door is extending its operations in China by establishing a wholly owned subsidiary in Kunshan near Shanghai. The company, with initially about 30 employees, will be responsible for both local assembly and marketing of Cardo Door's range of products.

The new company, Crawford Door (Kunshan) Ltd, will be responsible for assembly and sales of industrial doors and dock loading products, i.e. dock levelers, shelters and load houses, as well as of residential garage doors. Sales offices are being opened at the same time in Beijing and Shanghai and will be complemented by local and regional distributors. The president of the company will be Cardo Door's Asia head Royne Kristensson.

In 1997, Cardo Door formed a majority-owned joint-venture company together with Shenyang Liming Aluminum Doors and Windows in the northeastern province of Shenyang. This operation, which so far is of limited extent, relates to the assembly and marketing of doors mainly in the provinces of Heilongjiang, Jilin and Liaoning.

The establishment of the new company in the Shanghai area, where extensive local and international investment is occurring, is part of Cardo Door's ongoing investment in the large Chinese market.

Cardo Door, which has a turnover of more than SEK 4 billion, is a business area in the Cardo group and Europe's leading player in the manufacture and service of industrial doors and dock loading equipment and one of its largest manufacturers of residential garage doors. The major brand names for industrial doors and dock loading equipment are Crawford, Clever, Hafa, Faltec, Alsta and Allhabo. Residential garage doors are marketed under the brand names Normstahl, Crawford and Car-In.

Malmö, Sweden, November 22 1999
Cardo AB (publ)

About Us

Cardo is a world-leading supplier of industrial doors and logistics systems, wastewater treatment systems, process equipment for the pulp and paper industry and garage doors. Operations are pursued in the Group’s divisions: Door & Logistics Solutions, Wastewater Technology Solutions, Pulp & Paper Solutions and Residential Garage Doors. With sales of almost SEK 10 billion and more than 6,000 employees worldwide, Cardo delivers solutions that help to solve some the toughest challenges of our time in the fields of water, transportation and energy. Corporate headquarters are located in Malmö, Sweden.

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