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Triton completes the acquisition of MacGregor

31.07.2025

Helsinki (Finland) 31 July 2025 - Funds advised by Triton (“Triton”) have successfully completed the acquisition MacGregor business from Hiab (formerly Cargotec).

MacGregor is a global leader in sustainable maritime and offshore cargo and load handling, specialized in providing integrated solutions and services designed to perform with the sea. With its exceptional engineering capabilities, sustainable product offering, high-quality equipment and services, and global service network, MacGregor creates lifetime value to its customers. MacGregor holds a market-leading position, with >50% of the global merchant fleet having MacGregor equipment onboard. In 2024, MacGregor’s sales totalled approximately EUR 800 million and the company employs about 2,000 people across 30 countries.

The acquisition of MacGregor is aligned with Triton’s strategy of investing in industrial technology leaders with strong engineering capabilities and a focus on mission-critical services. MacGregor’s trusted brand, high-quality equipment, and significant aftermarket potential make it a compelling addition to the portfolio. With a long track record of executing carve-outs, Triton is well positioned to support MacGregor’s transition to an independent company and its continued development as a global market leader.

About Triton

Founded in 1997 and owned by its partners, Triton is a leading European mid-market sector-specialist investor. Triton focuses on investing in businesses that provide mission critical goods and services in its three core sectors of Business Services, Industrial Tech, and Healthcare.

Triton has over 200 investment professionals across 11 offices and invests through three complementary “All Weather” strategies: Mid-Market Private Equity, Smaller Mid-Cap Private Equity, and Opportunistic Credit.

For further information: www.triton-partners.com

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Triton Partners