- CEO
- David Pagels
- Full Time Employees
- 719
- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- Vasagatan 11 Stockholm AB Sweden 111 20
- IPO Date
- Oct 20, 2011
- Business
- Cavotec S.A. is a global engineering company specializing in the design, manufacture, and delivery of innovative connection and electrification solutions primarily for the ports, maritime, and industrial sectors. The company's core product offerings include automated mooring systems; crane electrification and automation systems designed to reduce emissions; shore power connection systems such as PowerFeed for various vessel types including container terminals, cruise ships, and bulk terminals; mobile cable management systems; megawatt charging solutions for electric and hybrid vehicles, trucks, AGVs, and ships; radio remote controls for mobile equipment; and motorized reels and cable guiding devices. These products facilitate the safe and efficient transmission of energy, signals, data, and media, supporting operations in ports, maritime, mining, tunneling, construction, transportation, and processing industries.
Founded in 1974 and headquartered in Lugano, Switzerland, Cavotec operates globally with a strong presence in Europe, North America, and Asia Pacific. The company is listed on the Nasdaq OMX Stockholm and recently underwent a significant corporate change in 2025 when Cavotec Group AB became the new Swedish parent company, resulting in a change of domicile from Switzerland to Sweden and plans for delisting the Swiss entity. This strategic relocation aims to enhance operational efficiency, streamline decision-making, and better align with its investor base.
Recent major developments include solid financial improvements in 2024 with strong order intake, higher order backlog, and improved operating profitability driven by successful change programs and increased investment in product development. The company has secured significant new contracts, including shore power retrofit projects and multi-million euro orders from European ports, reflecting sustained demand for its climate-friendly solutions. Cavotec continues to expand its focus on decarbonization technologies and sustainable operations, reinforcing its market position as a leading cleantech provider enabling the transition to safer, smarter, and more sustainable industrial and maritime processes.
Cavotec serves a diverse customer base comprised of port operators, shipping companies, industrial manufacturers, and infrastructure providers. Its comprehensive product portfolio supports the decarbonization and digitalization efforts within the maritime and industrial sectors, facilitating safer, more efficient, and environmentally responsible operations worldwide. The company also provides comprehensive services including system installation, maintenance, and lifecycle support to complement its product solutions.
In summary, Cavotec S.A. is a well-established cleantech engineering group with a robust global footprint, offering advanced electrification and automation technologies tailored to the needs of ports, maritime, and industrial markets. Its recent strategic reorganization and strong financial performance underscore its commitment to innovation and sustainability in its sector.