MacGregor’s TTS acquisition postponed
(Posted on 27/06/19)
MacGregor, part of Cargotec, announced on 8 February, 2018 that it has entered into an agreement to acquire the marine and offshore businesses of TTS Group ASA. The acquisition is subject to regulatory approvals from the competition authorities in Germany, South Korea and China. MacGregor announced the approval from the German regulator on 6 November 2018 and the approval from the South Korean regulator on 27 December 2018.
MacGregor announced in March that it expected to receive approval from the competition authority in China and close the transaction during Q2 2019. Due to a longer than expected regulatory process in China, the company currently expects closing of the transaction to take place in Q3 2019.
MacGregor is a leader in intelligent maritime cargo and load handling with a strong portfolio of MacGregor, Hatlapa, Porsgrunn, Pusnes, Rapp and Triplex products, services and solutions, all designed to perform with the sea.
Shipbuilders, shipowners and operators are able to optimise the lifetime profitability, safety, reliability and environmental sustainability of their operations by working in close cooperation with MacGregor.
MacGregor is part of Cargotec. Cargotec's sales in 2018 totalled approximately EUR 3.3 billion and it employs around 12,000 people worldwide.
Latest News
New Telestack TITAN Truck intake system for Irish mining company’s port expansion
(Posted on 22/09/25)Northern Ireland based Telestack have announced that they have been awarded a contract for the supply... Read more
Dualog launches ID provider with single sign-on for crew
(Posted on 22/09/25)Dualog has introduced a major upgrade to its Dualog Mail platform with the launch of Identity Provider... Read more
Greek industrial gateway powers growth with electric Konecranes Gottwald MHC
(Posted on 14/09/25)As part of a plan to double its capacity while controlling emissions, Port of Thisvi operator DIA.VI... Read more
Bulker operator Norse Ship Management deploys Inmarsat NexusWave
(Posted on 14/09/25)Inmarsat Maritime, a Viasat company, together with distribution partner Station Satcom have secured... Read more
Nectar expands SE Asia presence with additional mobile bagging machines
(Posted on 09/09/25)Nectar Group, a leading provider of logistics and cargo handling solutions, is further solidifying its... Read more
US marine descaler Seascour strikes deal to supply historic Great Lakes vessel
(Posted on 09/09/25)Florida headquartered maritime innovator Seascour has struck a second deal to supply its organic marine... Read more
E-Crane introduces faster, safer and smarter bulk pan handling
(Posted on 01/09/25)E-Crane has introduced an innovative tilting device that redefines how bulk materials such as scrap... Read more
Fifth Siwertell road-mobile ship unloader for long-standing Med operator
(Posted on 01/09/25)Bruks Siwertell has delivered a next-generation Siwertell 10 000 S road-mobile ship unloader to a returning... Read more
Rethinking fuel efficiency in maritime shipping
(Posted on 25/08/25)The maritime sector’s longstanding reliance on Specific Fuel Oil Consumption (SFOC) and manufacturer... Read more
Kaiko: Digitalisation won’t replace seafarers it will empower them
(Posted on 25/08/25)Shipping’s reliance on outdated, paper-driven compliance processes is putting unnecessary strain... Read more
