MacGregor clear for TTS acquisition
(Posted on 09/11/18)
MacGregor, a part of Cargotec, has yesterday received a clearance decision from the German Federal Cartel Office (Bundeskartellamt) for the company's acquisition of the marine and offshore businesses of TTS Group ASA, which was announced on 8 February, 2018.
The completion of the intended transaction is still subject to regulatory approvals in China and South Korea. MacGregor expects to receive these approvals by the end of 2018 and to complete the transaction, according to the agreement, as soon as possible thereafter.
MacGregor shapes the offshore and marine industries by offering world-leading engineering solutions and services with a strong portfolio of MacGregor, Hatlapa, Porsgrunn, Pusnes and Triplex brands. Shipbuilders, owners and operators are able to optimise the lifetime profitability, safety, reliability and environmental sustainability of their operations by working in close cooperation with MacGregor.
Latest News
OrbitMI launches enhanced Data-as-a-Service for dry bulk
(Posted on 22/07/24)OrbitMI has announced the launch of its latest Data-as-a-Service (DaaS) offering, tailored specifically... Read more
Flexicon marks 50 years
(Posted on 22/07/24)Flexicon Corporation, a privately-held firm and world leader in bulk handling equipment and systems,... Read more
Siwertell ship loader order for high-capacity fertilizer handling
(Posted on 16/07/24)Bruks Siwertell has secured an order for a Siwertell ship loader type-1A from Libyan Fertilizer Company... Read more
ECOsubsea invests in Singapore with NOK 35m from Innovation Norway
(Posted on 16/07/24)It is a climate and environmental problem that ship hulls are not cleaned often and gently. After being... Read more
ECOsubsea invests in Singapore with NOK 35m from Innovation Norway
(Posted on 16/07/24)It is a climate and environmental problem that ship hulls are not cleaned often and gently. After being... Read more
Berge Neblina sets sail with four carbon-saving rotor sails
(Posted on 12/07/24)Berge Bulk has announced the successful installation of four emissions-reducing rotor sails on Berge... Read more
Wärtsilä simulators to support Singapore's Wavelink Maritime Institute
(Posted on 12/07/24)Technology group Wärtsilä has supplied its new dual-fuel engine simulator technology for Wavelink... Read more
Oulu extends cargo handling with Konecranes Gottwald
(Posted on 04/07/24)The Finnish Port of Oulu has ordered a Konecranes Gottwald ESP.7 Portal Harbor Crane to improve cargo... Read more
Intergis adds flexibility in South Korea with Konecranes Gottwald Gen 6 MHC
(Posted on 28/06/24)Intergis Co., Ltd ordered a Konecranes Gottwald ESP.5 Mobile Harbour Crane to improve its bulk and general... Read more
Live freight rate visibility across routes and maturities
(Posted on 28/06/24)AXSMarine, a pioneer and market leader in the provision of advanced solutions and market intelligence... Read more
