Cavotec has appointed Erik Lyrvall, Head of Strategy and M&A, as a member of Cavotec’s Group Management. Erik joined Cavotec in autumn 2024 when he took up the position of Head of Strategy.
In his role, Erik is responsible for driving the group’s strategic direction, leading M&A activities, evaluating partnerships and go-to-market strategies, and recommend initiatives to enhance operat
Cavotec has signed an order valued at approximately EUR 2 million for its MoorMaster NxG automated vacuum mooring technology from Danish ferry operator Molslinjen A/S. The systems will be delivered to the ports of Odden and Aarhus, supporting the operation of high-capacity battery-powered catamarans on one of Denmark’s busiest ferry routes.
MoorMaster NxG will fully automate vessel mooring and
Cavotec is excited to announce the launch of its new website — a modern platform designed to showcase the company’s long automation and electrification expertise, while making it easier for customers, partners, and other stakeholders to access the information and support they need.
The new site features an improved structure and enriched content that provide a clearer, more intuitive experience
“Order intake was in line with the same period last year after a strong second quarter, driven by good demand for our shore power solutions and MoorMaster automatic mooring systems. Our order backlog amounts to EUR 125.8 million where growth is driven by customers’ need to electrify industrial applications, reduce greenhouse gas emissions and increase efficiency.” David Pagels, CEO.
Read the fu
Cavotec has signed a contract with Australian construction and engineering company Civmec for the supply of a motorised cable reel to be installed at Port Hedland, Western Australia, one of the world’s largest iron ore export facilities.
This marks Cavotec’s first major collaboration with Civmec, further strengthening Cavotec’s presence in Australia’s mining and bulk material handling sector. D
Cavotec has launched an updated Investors section on its website to provide a clearer and more intuitive experience for investors and stakeholders. The new section offers streamlined access to financial information, corporate governance, reports, and shareholder details.
This update marks the first step in a broader renewal of Cavotec.com aimed at improving navigation, design consistency, and c
“Order intake was strong during the quarter, reflecting our solid position in markets driven by the electrification of society. However, the increased global uncertainty has led to greater caution among our customers, which has affected our sales of goods and services with shorter delivery times. This has also impacted the profitability for the quarter. During the quarter, we successfully complete
Today marks a major milestone in Cavotec’s journey as the company’s shares in the new parent company are 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
Cavotec’s Megawatt Charging System (MCS) Manual Dispenser is featured in the May 2025 issue of International Mining, with insights from Jörn Bullert, VP Product Management Charging Solutions.
In the interview, Bullert discusses how high-capacity charging – up to 4.5 MW – is enabling rapid turnaround for battery-electric haul trucks and support vehicles, helping mining operations reduce downtime
“This quarter reflects our project-driven business, where revenue and earnings may fluctuate between quarters depending on which projects we invoice. We are seeing an increasingly uncertain global environment, while our business remains fundamentally strong with solid demand, and we have continued to strengthen our financial position during the quarter. The order intake should be viewed in the con
Cavotec is proud to announce the launch of the MCS Manual Dispenser, designed to support the Megawatt Charging System (MCS) for high-power charging applications. Perfect for industries such as mining, construction, ports, and transportation, this new solution delivers up to 4.5 MW of charging power, efficiently powering electric heavy-duty vehicles, construction machinery, e-trucks and vessels.
Cavotec proudly announces the launch of its next generation radio remote controls. Designed for unmatched flexibility, reliability, and ergonomic comfort, these new systems are set to redefine operator control in demanding industrial environments. The official unveiling will take place at Cavotec's booth B4.314 at Bauma Europe 2025.
Engineered for optimal performance across various applications
Cavotec has published its Annual and Sustainability Report 2024, highlighting the company’s financial performance, strategic progress, and sustainability initiatives over the past year.
David Pagels, Cavotec CEO, commented on the company’s progress:
"In 2024, we established a stronger Cavotec with higher profitability and a strengthened financial position. Thanks to the success of our change
Exciting things are on the horizon! Cavotec is set to reveal new products at Bauma Europe 2025, the world’s leading construction machinery trade fair, kicking off on 7 April in Munich, Germany.
While we can’t reveal too much just yet, we invite you to catch a glimpse of what’s coming by watching our teaser video. Stay tuned – you won't want to miss it!
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“We ended 2024 with strong order intake, higher order backlog and improved operating profitability. In 2024, we have established a stronger Cavotec with higher profitability and strengthened financial position. Thanks to the success of our change programs, we have also been able to invest in product development which have further strengthened our competitiveness. With the continued good demand for
Cavotec has deepened its partnership with Qwello by signing an order for 1,000 spring cable reels for electric vehicle charging stations across Europe. The order was signed at the end of 2024.
“The improved profitability demonstrates that we are on the right track to build a stronger Cavotec. The markets we target are to an increasing extent driven by new regulations in the environmental field and the urgent need to reduce emissions. This, combined with our ability to further enhance our offer, gives us good momentum to continue growing with both new and existing customers.” David Pagel
Heralding a major breakthrough in industrial e-vehicle and e-vessel charging, global engineering group Cavotec has launched its ultra-fast Megawatt Charging System (MCS). Providing up to 3MW of power from a single connector, the MCS is a turnkey DC charging solution with grid-to-inlet functionality that supports the decarbonisation of industrial vehicles and ships.
We’re launching a brand-new charging solution at Bauma 2022 that is set to transform operational safety and efficiency at industrial applications all over the world. We’ll also be exhibiting our existing range of powerful charging and electrification technologies at the event that kicks off in Munich on 24th October. #bauma #evinfrastructure #emobility #constructionindustry #mining #tunneling
David Pagels, 54, has been appointed CEO of Cavotec SA. Pagels will assume the position as CEO of Cavotec during May 2022.
