Kalmar Corporation’s Board of Directors has initiated planning for a reorganisation of its operating model, with the central structural change being the combination of its Terminal Tractors and Horizontal Transportation divisions into a single unified division. The reorganisation is designed to simplify governance, accelerate development and enhance research and development across port, terminal and distribution customer segments. The planned changes form part of Kalmar’s broader Driving Excellence initiative, supporting the achievement of its 2028 performance targets of a 15% comparable operating profit margin and 5% annual sales growth over the cycle. The restructuring is expected to generate cost savings of approximately EUR 10 million, with full run-rate achieved by the end of 2027. External segment reporting will remain unchanged, with Equipment and Services continuing as the two reported segments. The Services segment will remain dedicated to capturing recurring lifecycle value across Kalmar’s global installed base through spare parts, maintenance and advanced lifecycle solutions. The leaner structure aims to accelerate Kalmar’s automation and electrification roadmap while supporting sustainable and profitable growth. Two leadership appointments will take effect on January 1, 2027. Arto Keskinen, currently President of Horizontal Transportation, has been appointed to lead the design phase and will serve as President of the newly combined Terminal Tractors and Horizontal Transportation division. Thor Brenden, currently President of Terminal Tractors, has been appointed to succeed Alf-Gunnar Karlgren as President of the Counterbalanced division. President and CEO Sami Niiranen described the reorganisation as simplifying internal governance and strengthening commercial focus, with the unified horizontal transportation portfolio enabling a complete, customer-focused and technology-driven solution for port, terminal and distribution customer