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.

Buyers
Triton (funds advised/managed by Triton)
Targets
MacGregor business area (MacGregor)
Sellers
Cargotec Corporation (Cargotec Oyj)
Location
Finland
Transaction Type
Divestiture

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