Current (since 27 April 2022) chairman of the Cargotec's board of directors is Jaakko Eskola, replacing long-term chair Ilkka Herlin in 2022.

The meeting also approved the remuneration policy for governing bodies of Kalmar and, as part of the demerger resolution and conditional upon the completion of the demerger, resolved on a decrease of Cargotec's share capital and on the dissolution of share premium reserve of Cargotec.

During the same year, Partek acquired a major shareholding in Kalmar Industries Ltd, a container handling equipment producer.

[13] The foundations of Cargotec's Hiab business area were laid in 1977 when Partek Corporation bought Multilift Group.

A couple of years later Partek strengthened its forestry crane expertise by acquiring that particular business line from Fiskars.

The marine cargo business of the company in a broader meaning started in 1983 when MacGregor merged with the Finnish Navire.

Due to market conditions and focusing on integration of major acquisitions, Cargotec's Board of Directors decided in October 2013 to delay the listing.

[16] In 2011, Cargotec acquired Navis, a US based terminal operator systems provider from Zebra Technologies for $190 million.

[20] In August 2023, it was announced Cargotec's Kalmar division had acquired the product and intellectual property rights for Lonestar electric terminal tractors in the USA.

Lonestar Speciality Vehicles, based in Texarkana, will act as Kalmar's contract manufacturing partner for the products.