Latest news from Heavy Lift & Project Forwarding International Magazine

CapMan to invest in Havator

May 17 - Finnish Institutional investor CapMan Buyout IX has taken a significant stake in the Havator Group, one of the Nordic region's leading suppliers of crane services, special transports, section assembly and harbour crane services.

CapMan's aim is to further strengthen Havator's position in the Nordic market.

"Havator's business has grown strongly, both organically and through a number of acquisitions which have been completed in the 2000s. The company has excellent references in handling challenging projects successfully. We believe that, together with the company's management, we can further strengthen Havator's competitiveness and market position, particularly in the Nordic countries, for example through acquisitions," says CapMan partner Anders Björkell.

Founded in 1956, Havator operates in Finland, Sweden, Norway, Russia, and the Baltic countries. The company recorded net sales of approximately EUR77 million in 2009 and employs over 450 people. Following completion of the transaction, CapMan Buyout IX fund will have an approximate 45 percent stake in the company. 

The transaction is subject to e.g. the approval of the competition authorities, and is expected to be completed in June.

Heavy Lift | News

DSV warns of cuts at Panalpina thumbnail image

DSV warns of cuts at Panalpina

October 15 - Corporate functions and positions at Panalpina may be cut or relocated to DSV’s headquarters in Denmark, as the companies continue with the integration process.
Views: 420
Seville prepares for more project cargo thumbnail image

Seville prepares for more project cargo

October 15 - The port of Seville revealed that it will make a series of infrastructure improvements aimed at attracting industrial traffic and project cargoes.
Views: 329
Blue Water handles hull delivery thumbnail image

Blue Water handles hull delivery

October 15 - Earlier this year, Blue Water Singapore coordinated the transport of four trawler hulls, weighing approximately 500 tons (453.6 tonnes), from Vietnam to Norway.
Views: 324
First steel cut for Mammoet Focus  thumbnail image

First steel cut for Mammoet Focus 

October 15 - The first steel has been cut for Mammoet’s Focus 30 crane – a heavy lifting solution for use in confined spaces such as plants and inner cities.
Views: 309

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.