CVS Ferrari/Kalmar deal in doubt

Now, however, it says that German competition authorities are demanding a number of conditions, which Cargotec believes are disproportionate to the impact that the proposed transaction would have on the competitive environment.

As a result, for the time being both Cargotec and CVS Ferrari will continue to be competitors pursuing their own businesses. The Ferrari family remains the owner of CVS Ferrari, which will continue to be managed as an independent company.