Carnegie acted as adviser to Cargotec in the acquisition of Hydramarine AS. Cargotec acquired 90 per cent of the company, with the remaining shares being owned by employees. Hydramarine is based in Norway and is a leading company in the high-end area of offshore and sub-sea load handling systems for the offshore vessel industry. Cargotec is the world’s leading provider of cargo handling solutions, whose products are used in the different stages of material flow in ships, ports, terminals, distribution centres and local transportation. April, 2007.