Cargotec Sells MacGregor Business to Triton-Managed Funds
July 31, 2025
Cargotec has signed an agreement to sell its MacGregor business area to funds managed by Triton for an enterprise value of EUR 480 million to support Hiab’s future growth. Closing is expected by 1 July 2025 at the latest, with MacGregor reported as discontinued operations from Q4 2024; Triton later completed the acquisition on 31 July 2025.
- Targets
- MacGregor business area (MacGregor)
- Sellers
- Cargotec Corporation (Cargotec Oyj)
- Industry
- Industrial Services
- Location
- Finland
- Transaction Type
- Divestiture
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