Cavotec SA - Company Profile

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Cavotec SA (Cavotec) specializes in designing and delivering connection and electrification solutions. These solutions are aimed at facilitating the decarbonization of ports and various industrial applications. The company's product portfolio includes automated mooring, shore power, motorized reels, crane electrification, and charging solutions, along with systems such as high-speed motorized cable reels for fiber optics, liquids, or electricity. Cavotec also offers cable protection and power connection systems. Its products and solutions find applications across a wide range of industries including automotive, power plants, steel and aluminium, wind and solar energy, and are used for processing and transportation purposes. Cavotec’s offerings also extend to the mining and tunnelling sectors, providing connection, electrification, and automation of mobile mining and tunnelling equipment. The company has operations across Asia-Pacific (APAC), Europe, the Middle East and Africa (EMEA), and the Americas (AMER). Cavotec is headquartered in Lugano, Switzerland.

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Headquarters Switzerland

Address Corso Elvezia 16, Lugano, 6900


Telephone 41 91 9114010

No of Employees 664

Industry Construction

Ticker Symbol & Exchange CCC (STO)

Revenue (2022) $195.5M 22.2% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 101.2% (2022 vs 2021)

Market Cap* $168.7M

Net Profit Margin (2022) XYZ 101.0% (2022 vs 2021)

* As of and is in US$
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Cavotec SA premium industry data and analytics

4

Construction Projects

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1

Project Contacts

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Cavotec SA’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services
Radio Remote Controls Service Agreements
Motorized Reels Refurbishment
Connectors and Power Units Inspections and Repairs
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Contracts/Agreements In May, the company entered into an agreement with Port of Salalah to provide service for its 32 installed MoorMaster vacuum mooring units.
2024 Contracts/Agreements In April, the company received an order valued at US$5.0 million for shore power from a shipping company.
2024 Contracts/Agreements In February, the company entered into a two-year service agreement with APM Terminals MedPort Tangier to provide service for all its MoorMaster NxG units and Power Units operational at the port.
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Competitor Comparison

Key Parameters Cavotec SA Hollysys Automation Technologies Ltd Elecon Engineering Co Ltd American Axle & Manufacturing, Inc.
Headquarters Switzerland China India United States of America
City Lugano Beijing Vallabh Vidyanagar Detroit
State/Province - Beijing Gujarat Michigan
No. of Employees 664 5,042 652 -
Entity Type Public Public Public Private
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Executives
Name Position Board Since Age
Patrik Tigerschiold Chairman Executive Board 2018 59
David Pagels Acting President – Industry Division; Chief Executive Officer Senior Management 2022 56
Joakim Wahlquist Chief Financial Officer Senior Management 2023 47
Vanessa Tisci Chief Legal & Human Resources Officer Senior Management 2023 42
Jorgen Ohlsson Senior Vice President - Global Operations Senior Management 2023 54
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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