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
Damen shipbreaking pilot project to be made available for larger vessels
(Posted on 23/04/24)Damen Shipyards Group is launching a pilot project in which a small tug will be dismantled at Damen... Read more
John Sutch Cranes seeks collaboration to address travel restrictions challenges
(Posted on 18/04/24)Mobile crane hire and contract lifting specialist based in the North West of England, John Sutch Cranes... Read more
ClassNK awards AiP for Mitsui methanol fuel supply system
(Posted on 15/04/24)ClassNK has awarded an approval in principle (AiP) for a methanol fuel supply system developed by Mitsui... Read more
Bühler launches fully automatic bagging station with Premier Tech
(Posted on 15/04/24)Swiss technology group Bühler, in partnership with leading Canadian packaging equipment manufacturer... Read more
Groke unveils new situational awareness tool for ship managers
(Posted on 15/04/24)Groke Technologies, the Finnish technology company behind the Groke Pro Situational Awareness System... Read more
Pacific Basin leads dry bulk’s adoption of graphene-based coating
(Posted on 29/03/24)In a proactive move towards energy efficiency and environmental sustainability, Pacific Basin, one of... Read more
ClassNK grants endorsement to two MOL initiatives
(Posted on 29/03/24)ClassNK has granted its Innovation Endorsements for Products & Solutions*1 to two initiatives by... Read more
Marcor Stevedoring receives new LHM 800
(Posted on 25/03/24)Contributing to a greener bulk industry. And no Diesel engine is needed. The LHM 800 will do its work... Read more
Need for new safety rules for methanol fuelled vessels revealed
(Posted on 25/03/24)A new fire safety study by global Survival Technology solutions provider Survitec has revealed that... Read more
Cargill shares outcome of first wind-powered ocean vessel’s maiden voyage
(Posted on 18/03/24)Cargill has revealed exciting results of the six-month test period of the Pyxis Ocean, underscoring... Read more
