Cavotec Group AB Stock Price

Cavotec Group AB, a cleantech company, designs and delivers connection and electrification solutions to enable the decarbonisation of ports and industrial applications in Europe, the Middle East, Africa, the Asia Pacific, and Americas. It operates through two segments: Ports & Maritime and Industry. The Ports & Maritime segment is involved in the development, manufacture, and service of automation and electrification technologies for the ports and maritime sectors. The Industry segment engages in the development, manufacture, and service of electrification and radio control products for industrial applications, such as cranes, energy, processing and transportation, mining, and tunnelling. It also offers connectors and power units; collector and sliprings; motorized reels; crane electrification; spring reels; cables and cable protection solutions; shore-side shore power; e-vessels charging; megawatt charging system; human operator interface; radio remote controls; and moor master. The company offers its products for ports, maritime, ports and maritime OEMs, mining and tunnelling, construction, and general industry. Cavotec Group AB was founded in 1974 and is headquartered in Stockholm, Sweden.