On June 17, 2008, Finnish cargo handling solutions company Cargotec Oyj made an announcement regarding its acquisition plans. The decision to acquire New Zealand tailgates distributor Zepro Tailgate (1987) Limited for an undisclosed sum reflects Cargotec Oyj's strategic expansion efforts. The undisclosed nature of the sum hints at the company's cautious approach and the potential value it sees in this acquisition.