Cargotec Oyj is a Finnish company that makes cargo handling machinery for ships, ports, terminals and local distribution. Cargotec was formed in June 2005 when Kone Corporation was split into two companies to be listed: Cargotec and new Kone. After the split, Kone Corporation's container handling, load handling and marine cargo handling business units formed Cargotec. However, the businesses within Cargotec have much longer histories and have been formed through a series of mergers and acquisitions over several decades. At the end of 2023, Cargotec had approximately 11,400 personnel working in over 100 countries. Cargotec's major shareholders are the heirs of Pekka Herlin. Current chairman of the Cargotec's board of directors is Jaakko Eskola, replacing long-term chair Ilkka Herlin in 2022. In December 2022, Cargotec’s CEO Mika Vehviläinen informed Cargotec’s Board of Directors of his intention to retire from Cargotec during 2023. The Board initiated a search for a successor and, in February 2023, announced that it has appointed Casimir Lindholm, b. 1971, as Cargotec’s new President and CEO as of 1 April 2023. Wikipedia