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Cargotec sells MacGregor business to funds managed by Triton for an enterprise value of EUR 480 million to support Hiab’s future growth

Cargotec Corporation has signed an agreement to sell its MacGregor business area (“MacGregor”) to funds managed by Triton (“Triton”), for an enterprise value of EUR 480 million (“the Transaction”) to support Hiab’s future growth. Transformation into standalone Hiab expected to take place on 1 April 2025 Cargotec’s transformation project, including listing Kalmar as a separate …