Company type | Publicly traded |
---|---|
Traded as | (Nasdaq Stockholm: CCC) |
Founded | 1974 as Specimas AB and renamed as Cavotec in 1976 |
Headquarters | Lugano, Switzerland |
Area served | Global |
Key people | Patrik Tigerschiöld, Chairman Mikael Norin, CEO |
Revenue | € 212,400,000 |
Number of employees | 988 (2017)[1] |
Cavotec is a global engineering group, headquartered in Lugano, Switzerland, and listed on the Nasdaq OMX in Stockholm, Sweden.
The group is made up of some 35 sales companies and seven “Centres of Excellence”. It designs and manufactures automation and electrification technologies that are used to operate mobile equipment at ports, airports, and a variety of industrial sectors.
The business is divided into three divisions: Ports & Maritime, Airports & Industry, and Services.[2]
Cavotec listed on the NASDAQ OMX Stockholm stock exchange on October 19, 2011.[3] Mikael Norin was appointed Cavotec CEO in June 2017, replacing Ottonel Popesco.[4]