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MacGregor

Status
Realised
Country
Sweden
Strategy
Mid Cap
Sector
Industrials
Entry
Sep-98
Exit
Mar-05
Fund
IK 1997

Leading provider of cargo and load handling solutions

MacGregor is the global market leader in providing marine cargo flow engineering solutions and services for ship-owners, shipyards and ship operators. Products include hatch covers, cranes, shipboard elevators and escalators, galleys, cargo securing systems and refrigerated cargo handling systems.

MacGregor was acquired in September 1998 from Gambro by the IK 1997 Fund. It was subsequently sold to the Kone Corporation in March 2005, and merged with Kone Cargotec.

Our Value Creation Strategy

During our ownership, we worked alongside the management team to:

  • Increase breadth and depth of product range;
  • Develop a leading service business; and
  • Restructure underperforming business units.