Cargotec - Company Announcement

Cargotec acquires maritime software company

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 20 JANUARY 2016 AT 9:00 AM (EET)

Cargotec acquires maritime software company

Cargotec Corporation has agreed to acquire INTERSCHALT maritime systems AG, the
leading specialist software and related service provider to the maritime
industry. The acquisition will complement Cargotec's strategic aim of being a
leader in intelligent cargo handling. Cargotec will gain more competence in
technologically advanced software and service solutions and attains a global
footprint with branch offices, service stations and partner representations.

Cargotec has agreed to acquire all the shares in the German software and service
company INTERSCHALT. INTERSCHALT's sales in 2014 amounted to EUR 42 million and
it employs over 200 people. The closing of the transaction is expected to take
place in the first quarter of 2016 and is subject to the approval of competition
authorities after which INTERSCHALT will be consolidated into Cargotec's
figures. The parties have agreed not to disclose the transaction value.

"During the last couple of years, we have been focusing on improving our
profitability and now we are ready to take the next strategic step in
implementing our strategy," says Mika Vehviläinen, CEO of Cargotec. "Our target
is to get 40% of sales from services and software in five years' time.  This
acquisition is an excellent strategic fit to our Navis and XVELA offerings
within the Kalmar organisation, and it will also bring new service business for
MacGregor."

"The acquisition of INTERSCHALT is part of our strategy of growing our software
business in new areas and creating more value for existing and new customers.
The acquisition will add customers, talent, additional knowledge, capabilities
and software products to support the future growth of XVELA as the leading
collaboration platform serving the needs of ocean carriers, terminals and their
shipping partner," says Olli Isotalo, President of Kalmar. "We are very excited
about the great growth opportunities we have ahead of us."

"Very soon after starting discussions about this acquisition, it became clear
that we all shared the same strategic vision about the future of the maritime
industry. INTERSCHALT's and Cargotec's software solutions together will help
greatly our customers in their value creation in increasingly complex world of
maritime logistics," says Robert Gärtner, CEO of INTERSCHALT.

Interschalt provides software solutions and services for the maritime industry,
and its activities are structured into two segments: software solutions for
cargo and fleet management as well as maintenance, repair and retrofit services
for bridge navigation and communication equipment as well as for data voyage
recorder systems. Cargotec is planning to integrate software solutions into the
Kalmar business area and services into the MacGregor business area.

Further information for the press:
Olli Isotalo, President, Kalmar, tel. +358 204 777 4111

Michel van Roozendaal, President, MacGregor, tel. +32 478 806 092

Maija Eklöf, Vice President, Marketing and Communications, Kalmar, tel.
+358 20 777 4096, maija.eklof@kalmarglobal.com

Virpi Raski, Corporate Communications Director, Cargotec, tel.
+358 40 581 6616, virpi.raski@cargotec.com

Further information for investors:
Paula Liimatta, IR Director, Cargotec Corporation, tel. +358 20 777 4084

Cargotec shapes the cargo handling industry for the benefit of its customers and
shareholders. Cargotec's business areas MacGregor, Kalmar and Hiab are
recognised leaders in cargo and load handling solutions around the world. Their
global network is positioned close to customers and offers extensive services
that ensure a continuous, reliable and sustainable performance according to
customers' needs. Cargotec's sales totalled approximately EUR 3.4 billion in
2014 and it employs approximately 11,000 people. Cargotec's class B shares are
quoted on Nasdaq Helsinki Ltd under symbol CGCBV. www.cargotec.com

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