Triton to acquire MacGregor from Cargotec for €480m.

Triton, a private equity firm, agreed to acquire MacGregor, a cargo handler, from Cargotec, an engineering firm, for €480m. “MacGregor stands out due to its engineering capabilities; broad and sustainable product offering; high-quality equipment; and strong reputation. Triton looks forward to collaborating with the company and its employees to develop further on this market leading position especially by strengthening the aftermarket platform where we see great potential. MacGregor is at the core of Triton’s investment focus to acquire market leading companies with strong potential and a competitive edge,” Ilkka Tuominen, Triton Investment Advisory Professional.