MacGregor divestment #text

<h3>Divestment of MacGregor</h3>
MacGregor, the third business area of the former Cargotec group, will be divested.
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<h5>Important milestones and additional information:</h5>
- 14, November, 2024: Cargotec sells MacGregor business to funds managed by Triton for an enterprise value of EUR 480 million to support Hiab&rsquo;s future growth (<a href="/da/newsroom/press-releases/inside-information-cargotec-sells-macgregor-business-to-funds-managed-by-triton-for-an-enterprise-value-of-eur-480-million-to-support-hiabs-future-growth">link to release</a>)
- 28 May, 2024: MacGregor settles the dispute with a monopile installation vessel customer and Cargotec starts the sales process of MacGregor (<a href="/da/newsroom/press-releases/inside-information-macgregor-settles-the-dispute-with-a-monopile-installation-vessel-customer-and-cargotec-starts-the-sales-process-of-macgregor">link to release</a>)
- 14 November, 2022:&nbsp;Cargotec has completed the strategic evaluation of MacGregor (<a href="/da/newsroom/press-releases/cargotec-has-completed-the-strategic-evaluation-of-macgregor">link to release</a>)
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&nbsp; The transaction is subject to regulatory approvals in relevant jurisdictions. Closing of the transaction is expected to occur by 1 July 2025 at the latest.

INDUSTRIES

APPLICATIONS

Applications

Capacity

Range

Application areas

Application area

Control system

LØFTEKAPACITET

Hoists

CE MARK

PRODUCT TYPE

PRODUKTTYPE

RANGE

HIGH SEAT / CABIN

CONTROL SYSTEM

BOOM SYSTEM

Lifting capacity

Køretøjstype

TRUCK GROSS VEHICLE WEIGHT

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City, Muni & Gov services

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LIFTING CAPACITY

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Non foldable cranes with long firs boom and second boom in-line. Extension system with cylinders well protected inside.

Longer first boom - some models with extandable first boom, standard or longer second boom with hydraulic or chain driven extensions.

These crane types are often used in very special applications. Example, cannot be installed as a regular crane due to a very short column.

Can be parcked in transport position - T-crane - Hook and Hoist application crane. Characterized by Stiff boom system with hydraulic extensions.

A 'traditional' loader crane with hydraulic extensions where second boom is foldable beside with column - medium an heavy range modelscan also be equipped with Jib for extra-long outreach.

Concept as L-type, but can be folded with an accessory in the boom tip. In folding position is the second boom placed above first boom (reversed folding).

Application Areas

KØRETØJSTYPE

Inspection & Maintenance

Hoist

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1 Hydraulic extension + 1 manual extension

1 Hydraulic extension + 2 manual extensions

2 Hydraulic extensions + 1 manual extension

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MacGregor Divestment

Divestment of MacGregor

Important milestones and additional information:

Hiab Group

Hiab Brands