Cargotec sells MacGregor to Triton for €480 million

Cargotec has agreed to sell its MacGregor offshore crane and deck handling equipment division to European specialist investor Triton for €480 million. The transaction is expected to close by July 1, 2025, and will allow Cargotec to focus on its Hiab loader crane business.

“The agreement to sell MacGregor represents the last major milestone in our project to unlock shareholder value by separating Cargotec's businesses into standalone companies.”cranebriefing.com

• 2 sources
• cranebriefing.comCargotec sells MacGregor - Crane & Transport BriefingAlex DahmNov 14, 2024
• smartmaritimenetwork.comMacGregor sold for €480m - Smart Maritime NetworkRob O'DwyerNov 15, 2024

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