50 Years of Heritage in Innovation

Vittorio Baldoni founded Specimas SpA in Milan, Italy. Specimas specialised in machinery for industrial production that required advanced cable handling and rotary electrical joints with both static and rotating components.

Peter Brandel, Lars Hellman, and Stefan Widegren became sales agents for Specimas in Sweden.

Specimas in Sweden changed name to Cavotec AB.

Cavotec introduced its first revolutionary innovation for the marine industry by installing its shore power system in the Port of Gothenburg, Sweden, making it possible for ferries to connect to the onshore electrical grid and turn off their engines while at quay.

Swedish Cavotec acquired Italian Specimas.

Sales offices established across Europe, Americas and Asia.

Strategic acquisitions strengthened the product offering and geographic footprint, with focus on cable reel technologies.

Cacotec’s first installations of its MoorMaster automated mooring systems.

Acquisition of Micro-control in Norway, which provided advanced radio remote control systems for demanding industrial applications in sectors such as mining and maritime.

Cavotec was listed on the New Zealand Stock Exchange.

MoorMaster continued to break records with increasingly large orders from ports and shipping companies across the world.

Cavotec delivered the world’s first combined automated mooring and shore power system for battery-powered ferries in Norway.

Inauguration of the state-of-the-art facility in Nova Milanese, Italy. The focus here is on the development and production of shore power solutions, MoorMaster, and crane electrification systems.

Launch of the next-generation MoorMaster NxG. Cavotec also recognised the potential of its large global installed base and increased its focus on service offerings, including maintenance, 24/7 operations, and system integration.

New offerings launched in areas such as radio remote controls and megawatt charging systems.

Cavotec changed stock exchange and was listed on Nasdaq Stockholm, Sweden.