mynth
07/2025

MACGREGOR acquired by TRITON PARTNERS

FINLAND Aerospace, Naval & Defense / Naval EV 300M - 700M EUR

Context

Cargotec agreed to sell its MacGregor business line to Triton. This transaction marks the final step in Cargotec's strategy to separate its businesses (following the spin-off of Kalmar). Cargotec will rename itself "Hiab" and focus exclusively on on-road load handling. MacGregor becomes an independent standalone company under Triton's ownership.

MACGREGOR, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level LOGIN than the average currently observed in the Industry & Manufacturing sector (11.6x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

-> Deep-dive in Industry & Manufacturing market trends

Target

MacGregor is a global leader in sustainable maritime cargo and load handling solutions. It provides equipment and services for the merchant cargo and offshore industries, including hatch covers, cranes, winches, and RoRo (Roll-on/Roll-off) systems.

Ent. Value

LOGIN

Equity Value

LOGIN

Multiples

EV / Revenue

LOGIN

EV / EBITDA

LOGIN

EV / EBIT

LOGIN

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2024
LOGIN
LOGIN
LOGIN
2023
LOGIN
LOGIN
LOGIN

Similar deals in Industry & Manufacturing

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
DateAcquirerTargetCountrySectorDeal Context
09/2025SODEROCORAXESFRANCEAerospace, Naval & Defense

Sodero has successfully acquired a minority stake in Coraxes to accelerate the company’s industrial scale-up and support its ambitious "2030 Roadmap". Sodero joins the company's existing historical private equity shareholder, perfectly aligning to provide robust financial backing. A notable aspect of this capital reorganization is the inaugural opening of the shareholding structure to the company's broader employee base, deeply aligning the workforce with the firm's strategic objectives. The primary rationale underpinning this partnership is to successfully finance upcoming heavy industrial investments, modernize production capabilities, and actively prepare a dedicated external growth campaign aimed at systematically doubling Coraxes's operational scale in the coming years

08/2025THEON INTERNATIONALKAPPA OPTRONICSGERMANYAerospace, Naval & Defense

THEON International has acquired 100% of Kappa Optronics. The acquisition aligns with THEON's strategy to expand its product portfolio into "Platform-based" optronics (cameras mounted on vehicles/aircraft) and strengthens its industrial footprint in Germany, following previous investments in Harder Digital and Andres Industries.

07/2025VINCI ENERGIESWÄRTSILÄ SAM ELECTRONICSGERMANYAerospace, Naval & Defense

VINCI Energies, through its Actemium brand, has signed an agreement to acquire Wärtsilä SAM Electronics GmbH from the Finnish-based Wärtsilä Corporation. This transaction is part of VINCI's strategy to bolster its industry services and increase its presence in the German defense market, while expanding its expertise in electrical systems and automation for naval applications. The acquisition will integrate approximately 350 specialized employees and around €100 million in annual revenue. Wärtsilä SAM Electronics' capabilities will complement Actemium's industrial activities by bringing expertise in electrical system integration, automation, and embedded technologies for military vessels and shipyards

07/2025SAFRANCOLLINS AEROSPACE (ACTUATION & FLIGHT CONTROL BUSINESS)UNITED STATESAerospace, Naval & Defense

Safran has successfully finalized the acquisition of 100% of the Actuation and Flight Control business from Collins Aerospace (an RTX company). To satisfy antitrust regulatory requirements, Safran simultaneously completed the divestment of its North American electromechanical actuation activities (generating $65M in revenue) to the Woodward group. The strategic rationale for Safran is to merge Collins’ expertise in hydraulic/mechanical systems with Safran’s own leadership in electrical actuation

06/2025INESPASAUMI AERO GROUPSPAINAerospace, Naval & Defense

Inespasa has acquired the remaining 50% stake in UMI Aero Group from its long-term partner Mecanizados Eulogio Peña (Meupe), becoming the sole owner of the consortium. This strategic transaction responds to the aerospace industry's current drive toward supplier consolidation, specifically encouraged by Airbus to simplify its portfolio of subcontractors. The acquisition marks a shift from organic growth to an inorganic expansion strategy, partly driven by the complex financing landscape currently affecting the aerospace sector

06/2025STONEPEAKFORGITAL GROUPITALYAerospace, Naval & Defense

Stonepeak's acquisition of Forgital represents a strategic investment into a market-leading manufacturer of critical aerospace and industrial components. The transaction is underpinned by Forgital's established position as a trusted partner to premier aerospace OEMs and other industrial clients, a reputation built on its commitment to quality, innovation, and reliability. Stonepeak identified a significant growth opportunity within the company, driven by strong, durable long-term demand fundamentals in the commercial aerospace end market

06/2025REDWIRE CORPORATIONEDGE AUTONOMYUNITED STATESAerospace, Naval & Defense

Redwire Corporation has completed the acquisition of 100% of Edge Autonomy from AE Industrial Partners and its affiliates. The strategic transaction, approved by Redwire shareholders on June 13, 2025, establishes the combined entity as a scaled global leader in the aerospace and defense sector. The deal transforms Redwire into a multi-domain disruptor capable of delivering integrated autonomous operations across space and airborne domains. The strategic rationale for the deal is to capitalize on the convergence of space-based and UAS technologies, which are among the fastest-growing trends in defense technology

06/2025TIKEHAU CAPITALSCIOTEQBELGIUMAerospace, Naval & Defense

Tikehau Capital has entered into exclusive negotiations to acquire a controlling stake in ScioTeq from OpenGate Capital, which will retain a minority interest in the business. This secondary buyout follows a successful four-year turnaround and carve-out from the American equipment manufacturer TransDigm. Since 2021, the target has significantly improved its operational performance, expanding its international footprint and sharply increasing its profitability. The transaction is supported by a unitranche facility provided by J.P...

02/2025UUDSSATYS CABINFRANCEAerospace, Naval & Defense

UUDS Aero acquired 100% of Satys Cabin from the Satys Aerospace group. This "carve-out" allowed Satys to refocus on its core business of aircraft painting and sealing, while providing UUDS with the industrial manufacturing capabilities it previously lacked. Financed through bank debt, the deal is highly synergistic: it combines UUDS's expertise in airline maintenance with Satys Cabin's direct access to aircraft manufacturers (OEMs). This merger allows the new entity to address the entire aircraft lifecycle—from factory exit to end-of-life refurbishment—within the high-margin Premium and First Class segments

02/2025TRIMAS AEROSPACEGMT AEROSPACEGERMANYAerospace, Naval & Defense

TriMas has completed the acquisition of the aerospace business of GMT Gummi-Metall-Technik GmbH, a maneuver designed to fundamentally reinforce the group's technical operational depth in the European defense and commercial aviation sectors. The strategic rationale for this transaction centers on a "geographic-anchoring" play, merging the target's industry-leading expertise in tie-rods and anti-vibration hardware with the group’s extensive North American distribution and engineering infrastructure

REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 450M - 900M EUR

EBITDA range: 50M - 100M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of MACGREGOR by TRITON PARTNERS are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Acquirer: triton partners