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Cargotec Oyj: Cargotec's Hiab wins major order worth EUR 40 million from Rheinmetall MAN in Germany

Cargotec's Hiab wins major order worth EUR 40 million from Rheinmetall MAN in

Cargotec's Hiab has won an order worth more than EUR 40 million for
demountables and loader cranes from Rheinmetall MAN Military Vehicles GmbH
(RMMV) of Germany, a joint venture company of Rheinmetall AG and MAN
Truck&Bus AG. The contract follows the signing of a Strategic Framework
Agreement between Cargotec and RMMV in the beginning of 2014.

The contract includes 559 MULTILIFT demountable and 237 HIAB loader cranes.
The order forms a part of a programme of vehicles to be supplied to the
Australian Defence Force for project "Land 121" (Phase 3B). The deliveries
will commence in 2016, with the contract due for completion in 2020. The
order will be booked into Cargotec's 2014 second quarter order intake.

The MULTILIFT MHS165SC demountable system specified by the end user, enables
handling of a variety of different modules adapted to transport water, fuel
and other supplies. The system will also include a Container Handling Unit
(CHU) that enables handling of standard 20-feet ISO containers.

The HIAB loader cranes specified in the order are H099ATD-2 models. These
special low built cranes are designed to help facilitate the complete vehicle
being transported in its standard configuration by a number of different
methods (e.g. air, rail, sea and road).

The Australian Defence Force has, under a far-reaching modernisation
programme, contracted RMMV in Australia, a wholly owned subsidiary of
Rheinmetall MAN Military Vehicles GmbH of Germany, as a prime contractor for
this project.

Further information for the press:
Gert Larsson, Executive Vice President, Hiab; e-mailgert.larsson@cargotec.com

Lotta Clausen, Vice President, Communications, Hiab, tel. +46 372 378 138;

Further information for investors:
Paula Liimatta, Director, Investor Relations, tel. +358 20 777

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
3.2 billion in 2013 and it employs approximately 11,000 people. Cargotec's
class B shares are quoted on NASDAQ OMX Helsinki under symbol


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Cargotec Oyj via Globenewswire


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