Kalmar plans operating model simplification by merging divisions
Kalmar Corporation is initiating a reorganization of its operating model to accelerate growth, enhance customer focus, and improve operational efficiency. The company plans to combine its Terminal Tractors and Horizontal Transportation divisions.
Helsinki – Kalmar Corporation is planning a significant reorganization of its operating model aimed at accelerating growth, enhancing customer focus, and driving operational efficiency. The company's board of directors has decided to initiate planning and reorganization.
A key step in this plan involves combining Kalmar's Terminal Tractors and Horizontal Transportation divisions into a single, unified division. This move is intended to simplify governance, speed up development, and improve research and development across both port/terminal and distribution end-customer segments.
The reorganization primarily targets the Equipment segment, seeking to create stronger divisions with greater scale. It also aims to optimize cross-segment customer synergies and bolster operational efficiency and organizational resilience. The Services segment will continue to focus on capturing lifecycle value through spare parts, maintenance, and advanced solutions.
Kalmar estimates that the restructuring will yield approximately EUR 10 million in cost savings, with the full run-rate achieved by the end of 2027. These changes are subject to local employee consultations and notification processes. New appointments, such as Arto Keskinen as president of the combined division and Thor Brenden as president of the Counterbalanced division, will be effective January 1, 2027. The company confirms that these plans do not affect its financial guidance for 2026.