M&A Deal Summary

Cargotec Acquires MacGREGOR

On January 12, 2004, Cargotec acquired marine company MacGREGOR from IK Partners for 186M EUR

Acquisition Highlights
  • This is Cargotec’s 1st transaction in the Marine sector.
  • This is Cargotec’s 0th largest (disclosed) transaction.
  • This is Cargotec’s 1st transaction in Finland.

M&A Deal Summary

Date 2004-01-12
Target MacGREGOR
Sector Marine
Buyer(s) Cargotec
Sellers(s) IK Partners
Deal Type Add-on Acquisition
Deal Value 186M EUR

Target

MacGREGOR

Helsinki, Finland
website
MacGREGOR provides marine cargo flow engineering solutions and services for ship-owners, shipyards and ship operators. Products include hatch covers, cranes, RoRo equipment, shipboard elevators and escalators, galleys, cargo securing systems and refrigerated cargo handling systems.

Search 192,611 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Cargotec

Helsinki, Finland

website


Category Company
Founded 2005
Sector Machinery
Employees11,496
Revenue 3.3B EUR (2020)
DESCRIPTION

Cargotec is a provider of cargo and load handling solutions. Cargotec's business areas Kalmar, Hiab and MacGregor offer products and services that ensure our customers a continuous, reliable and sustainable performance. Cargotec was founded in 2005 and is based in Helsinki, Finland.


DEAL STATS #
Overall 1 of 2
Sector (Marine) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Finland) 1 of 1
Year (2004) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-21 Navis

Oakland, California, United States

Navis provides enterprise software solutions for the maritime transportation and logistics industry. Navis is a provider of operational technologies and services that unlock greater performance and efficiency for the world’s leading organizations across the cargo supply chain. Navis combines industry best practices with innovative technology and world-class services, to enable our customers, regardless of cargo type, to maximize performance and reduce risk. Navis was founded in 1988 and is based in Oakland, California.

Buy $190M

Seller(S) 1

SELLER

IK Partners

London, United Kingdom

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1989
PE ASSETS 14.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Ik Investment Partners Ltd. (Formerly Industri Kapital) is a private equity firm that targets control investments in mid-sized manufacturing and service companies located in select European countries. IK focuses on growth businesses located in the Benelux region, as well as Denmark, Finland, France, Germany, Norway and Sweden. The firm looks to commit €50 to €150 million of equity capital per transaction and targets companies with 'a proven ability to generate significant cash flow' as well as an ability to 'sustain growth through various economic cycles'. IK Investment Partners was formerly known as Industry Kapital. IK Investment Partners was formed in 1989 and has offices in Hamburg, London, Paris, and Stockholm.


DEAL STATS #
Overall 22 of 109
Sector (Marine) 1 of 1
Type (Add-on Acquisition) 10 of 41
Country (Finland) 5 of 9
Year (2004) 1 of 5
Size (of disclosed) 15 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-09-30 CEVA Sante Animale

Libourne, France

CEVA Sante Animale is a veterinary health company focused on the research, development, production and marketing of pharmaceutical products and vaccines for pets, livestock, swine, and poultry. CEVA Sante Animale was founded in 1999 and is based in Libourne, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-02-18 Nobia

Stockholm, Sweden

Nobia is a manufacturer and retailer of kitchen interior products in Europe. The company sells its products directly to consumers and to the construction industry under some 20 different brands such as Marbodal, HTH, Novart, Norema, Poggenpohl, and Magnet. Nobia was formed in 1996 and is based in Stockholm, Sweden.

Sell -