KONECRANES AND CARGOTEC TO MERGE CREATING A GLOBAL LEADER IN SUSTAINABLE MATERIAL FLOW
KONECRANES PLC INSIDE INFORMATION 1 OCTOBER 2020 AT 9:00 A.M. EEST NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES, OR IN ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW konecranes and cargotec TO MERGE CREATING A GLOBAL LEADER IN SUSTAINABLE MATERIAL FLOW Konecranes Plc (“Konecranes”) and Cargotec Corporation (“Cargotec”) announce that their respective Boards of Directors have today signed a combination agreement (the “Combination Agreement”) and a merger plan to combine the two companies through a merger (the “Future Company”).