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
BIO-UV Group revenue hike
(Posted on 09/11/18)Sales of the BIO-SEA ballast water treatment system have contributed to an increase in third quarter... Read more
Virtual reality to bring learning to seafarers
(Posted on 09/11/18)Recognizing the appeal of virtual reality (VR) for engaging seafarers who need training as they enter... Read more
Belfast’s contract for world’s largest hydraulic crane
(Posted on 01/11/18)Cooper Specialised Handling has released details of a contract award for the supply of a new Mantsinen... Read more
Biggest mobile harbour crane for Norway
(Posted on 01/11/18)Liebherr and Karmsund Havn IKS have just signed a contract for a Liebherr LHM 550. With a maximum lifting... Read more
Wärtsilä divests pumps business
(Posted on 01/11/18)The technology group Wärtsilä has divested its pumps business to Solix Group, a Scandinavian... Read more
MacGregor cooperation with CSSC
(Posted on 01/11/18)MacGregor and China State Shipbuilding Corporation (CSSC) have signed a Letter of Intent (LOI)... Read more
Project Forward paves way to meet IMO targets
(Posted on 24/10/18)The Project Forward initiative led by Athens-Based Arista Shipping, with Wärtsilä as one of... Read more
Seafarers’ mental health programme offered free
(Posted on 24/10/18)KVH Videotel have introduced a new training package, “Seafarers Mental Health and Wellbeing,&rdquo... Read more
Thordon strengthens presence for cleaner seas
(Posted on 24/10/18)Thordon Bearings has signed sales and distribution agreements with St. Petersburg-based Industrial &... Read more
Rivertrace to supply Alfa Laval PureBilge Separator
(Posted on 24/10/18)Producers of water quality monitoring products Rivertrace, have signed an agreement as a preferred supplier... Read more
