February 28 - MacGregor, part of Cargotec, has acquired Norway's Deep Water Solutions AS to strengthen its offering for environmentally friendly solutions in the offshore load handling applications.

Deep Water Solutions specialises in lifting applications utilising electric multi-drive technology.

"Customer requirements for environmentally friendly solutions are increasing in offshore load handling applications, such as subsea cranes, module handling and launch and recovery systems," said Tom Harald Svennevig, vice president of MacGregor's advanced load handling business.

"With Deep Water Solutions' experts in the MacGregor family we enhance and strengthen our multi-drive technology know-how to be able to better serve and support our customers," he added.