Last month, Cavotec marked a milestone as the shares in its new parent company were listed on Nasdaq Stockholm in Sweden—the country where it all began in 1975.
The listing was celebrated with a bell-ringing ceremony at Nasdaq Stockholm.
“We are happy to be back in Sweden,” says David Pagels, CEO of Cavotec. “Cavotec was founded 50 years ago and is established as a leading global player in the electrification of ports and other industrial and marine applications. The relocation of our registered office to Sweden brings us closer to our share listing and investor base. We expect the relocation to facilitate faster decision-making, streamline processes and enhance overall agility and hence both increase efficiency and lower costs.” “I would like to thank our employees for their strong contribution in the process as well as the support from our advisors to help us reach this goal that supports our growth strategy,” concluded David Pagels.
The relocation reflects Cavotec’s long-term commitment to simplifying corporate structures and enabling greater efficiency in how the company operates and grows in global markets.
In May 2025, Cavotec Group AB (the new Swedish parent company), announced an offer to the shareholders to acquire all shares in the Swiss company Cavotec SA for the purpose of implementing a change of domicile from Switzerland to Sweden. On June 30, 2025, it was announced that Cavotec Group AB had became the new parent company. The shares of Cavotec SA were delisted last month.
