Kalmar, the business area providing container handling solutions within Cargotec, has made an agreement to acquire Tagros d.o.o. a Slovenia-based service company. Tagros provides maintenance of container handling equipment and industrial forklifts at the Port of Koper in Slovenia. Kalmar aims also to use the acquisition of Tagros as an opportunity to build up its service and sales activities in Slovenia and the Northern Balkan Peninsula. The parties have agreed not to disclose the transaction value. The agreement signed with Tagros d.o.o. is subject to competition authority approval.
Privately-owned Tagros had net sales of approximately EUR 2 million in 2006 and employs some 35 employees. The Port of Koper's container terminal volumes surpassed 200,000 TEU in 2006. The port handles also large amounts of sawn timber, motor cars and bulk.