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Cargotec sells MacGregor to Triton funds for €480 million

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Helsinki, Finland (Ports Europe) November 17, 2024 – Helsinki-headquartered Cargotec Corporation decided on November 14 to sell its MacGregor business area to funds managed by Luxembourg’s mid-market sector specialist Triton for €480 million to support the growth of the corporation’s load-handling equipment manufacturer Hiab. The transformation of Cargotec into a standalone Hiab is expected on…

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