The sale of maritime cargo and load handling solutions provider MacGregor between Triton and its former owner Cargotec has been finalised. Concurrently, Jonas Gustavsson has assumed the role of ceo.
HLPFI reported in November 2024 that Cargotec was to sell its MacGregor business units to funds managed by Triton for an enterprise value of EUR480 million (USD506.7 million, at the time that in which the deal was struck). The transaction was closed on July 31, 2025.
“MacGregor has great engineering capabilities, a broad and sustainable product offering, high quality equipment and a strong market position,” said Ilkka Tuominen, investment advisory professional at Triton and board member of MacGregor Group. “We look forward to collaborating with the MacGregor team to further develop both its merchant and offshore businesses. We especially anticipate strengthening the aftermarket platform where we see great potential.”
Taking up the ceo position at MacGregor following Leif Byström’s retirement, Gustavsson initially joined the company in March 2025 as deputy president. He has upwards of 30 years of leadership experience.
Tuominen added: “Jonas is an experienced and visionary leader with an excellent track record of leading and growing industrial and service businesses. We are confident that under his leadership, MacGregor will continue the positive momentum and further strengthen its market-leading position in sustainable maritime cargo handling.”
In June 2025, HLPFI reported that MacGregor was to deliver electric cranes for Vertom Group’s vessels.
