MACGREGOR acquired by TRITON PARTNERS
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.
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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.
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Historical Financials (EUR)
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REFERENCES
Valuation range: EV 300M - 700M EUR
Revenue range: 450M - 900M EUR
EBITDA range: 50M - 100M EUR
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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