Macgregor

What Macgregor does

MacGregor is a Finland/Sweden-headquartered manufacturer of engineered cargo and load-handling equipment for the global maritime industry, serving shipyards, shipowners, and offshore operators across four core segments: Merchant cargo and passengers, Offshore oil and gas and renewables, Naval logistics and operations, and Ports and terminals, plus a dedicated Fishery and Research business under the RAPP and Triplex brands. The product portfolio spans Active Heave Compensated (AHC) subsea cranes (including a 165-tonne lightweight crane and a 400-tonne subsea crane), the patented Balanced Lashing System (DNV- and ABS-class-approved, ordered for over 100 ships), the Horizon V4 active motion compensated gangway (DNV-certified for floating-to-floating personnel transfer), hatch covers, RoRo equipment, deck machinery, self-unloading systems, and an Autonomous Discharging Crane, supported by 40+ OEM heritage brands.

The company monetises through project-based newbuild equipment sales (FY2025 sales approximately EUR 827.6 million, with orders booked on receipt and revenue recognised over delivery) and a substantial aftermarket services backbone comprising a 30-country service network, OEM spare parts (via MacGregor OnlineStore and direct channels), subscription-style myMacGregor Services maintenance agreements with KPI-based commitments, MacGregor Academy training, modernisation and upgrades, and remote diagnostics via ROC-M and OnWatch Scout. Go-to-market is primarily direct enterprise sales to shipyards and shipowners, supplemented by regional agents (e.g., Nemo Marine in T\u00fcrkiye), industry events (Nor-Fishing, ONS, SMM, IMPA London), and digital channels.

Following the 31 July 2025 carve-out acquisition by Triton Partners from Cargotec/Hiab (via Mohinder FinCo AB), MacGregor Group AB (publ) operates as a standalone private company headquartered in Stockholm with operating roots in Kaarina, Finland. The company employs over 2,000 professionals across 30 countries, is led by CEO Jonas Gustavsson (appointed 1 August 2025) with Chairman Hubertus M\u00fchlh\u00e4user, and has a EUR 1,087 million Q1 2026 order book with adjusted EBIT margin of 13.9%. Capital structure includes EUR 175 million senior secured floating rate bonds listed on Nasdaq Stockholm (with a EUR 30 million tap), and an April 2026 EGM approved a EUR 119.5 million dividend to the controlling shareholder.

Name

Macgregor

Legal name

MacGregor Group AB (publ)

Website

https://macgregor.com

Company type

Private

Founded year

1937

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

MacGregor is a Finland/Sweden-headquartered manufacturer of engineered cargo and load-handling equipment for shipyards, shipowners, and offshore operators worldwide, offering AHC cranes, lashing systems, gangways, hatch covers, and a 30-country service network across merchant, offshore, naval, and fishery segments.

Ownership category

akta.pro rank

Product category

Marine Cargo and Load Handling Equipment

NAICS

Material Handling Equipment Manufacturing (33392), Overhead Traveling Crane, Hoist, and Monorail System Manufacturing (333923), Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511), Marine Cargo Handling (488320)

SIC

Special Industry Machinery, Nec (3559), Construction, Mining & Materials Handling Machinery & Equip (3530), General Industrial Machinery & Equipment (3560), Industrial Trucks, Tractors, Trailors & Stackers (3537)

akta.pro primary industry

Cargo Handling & Lifting Equipment (Cranes, Derricks, Hoists) (IMAJAIAB)

akta.pro secondary industries

Hatch Covers, Ramps & Ro-Ro Access Systems (IMAJAIAC), Cargo Securing & Lashing Systems (Twistlocks, Chains, Turnbuckles) (IMAJAIAD), Naval Logistics, Replenishment & Underway Transfer Systems (IMABAKAM)

Keywords

• Marine cargo handling equipment
• Offshore load handling
• Shipboard cranes
• Container lashing systems
• Maritime engineering services

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Newbuild equipment sales: One-time sales of engineered hardware systems (cranes, hatch covers, lashing, RoRo equipment, deck machinery, mooring, winches, gangways, subsea cranes, self-unloading systems, port access solutions) to shipyards and newbuild projects. Major orders are booked on receipt and revenue is recognised over project delivery; 2025 sales totalled approximately EUR 830 million.
2. Global services (planned maintenance, repairs, inspections, upgrades, modernisation): Recurring service revenue from a global 24/7 service network with over 30 locations, providing planned preventative maintenance, on-demand and emergency repairs, inspections, spare parts, turnkey installations, upgrades and damage repairs for the full MacGregor equipment range. myMacGregor Services offers subscription-style fleet maintenance agreements with KPIs.
3. Spare parts (OEM): Recurring revenue from original MacGregor spare parts and components supplied from regional warehouses, available 24/7. MacGregor also supplies customised spare parts and reliable alternatives for non-MacGregor equipment.
4. MacGregor OnlineStore (e-commerce spare parts): E-commerce channel giving customers 24/7 access to availability and pricing of genuine spare parts, with same-day shipping for in-stock items ordered before 2.00 PM.
5. MacGregor Academy (training services): Paid training programmes covering safe operation, maintenance, troubleshooting and maximising product performance for MacGregor equipment. Courses can be delivered at MacGregor facilities or customer-preferred locations.
6. Fishery and Research Services: Sales, services and spare parts for MacGregor's RAPP and TRIPLEX brands serving fishing vessels, research vessels and offshore support vessels. Includes engineered deck handling solutions and the Averøy (Norway) One Stop Shop service hub.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

MacGregor manufactures and supplies engineered cargo and load-handling equipment for the maritime and offshore industries, including cranes (AHC offshore cranes, bulk cranes, electric heavy-lift cranes, port cranes), container securing systems (Balanced Lashing System, Cargo Boost), hatch covers, RoRo and transloading solutions, bow loading and offloading systems, deck machinery (anchor handling/towing winches, anchor windlass/mooring winches), motion-compensated gangways, davits, compressors and self-unloading systems. The company sells primarily to shipyards, shipowners and offshore operators globally and wraps the equipment with a global 24/7 aftermarket service network, spare parts, modernisations, training and digital remote diagnostics.

Product overview

MacGregor's product offering is a portfolio-led platform for sustainable maritime cargo and load handling, organised across four market segments (Merchant cargo and passengers, Offshore oil & gas and renewables, Naval logistics and operations, and Ports & terminals) and supported by a global services backbone. The product family includes flagship next-generation launches such as the Balanced Lashing System (container securing), the lightweight 165-tonne AHC Crane and the 400-tonne AHC Subsea Crane (offshore lifting), the Horizon V4 Active Motion Compensated Gangway (offshore personnel transfer), Cargo Boost (container-stowage modification), GravityVibe (self-unloading), and a future Autonomous Discharging Crane. These sit alongside a broad merchant-crane range (Bulk Cranes, Electric Heavy-Lift Cranes, Port Cranes, APC-controlled cargo cranes), offshore loading systems (Bow Loading System, Offloading System), deck machinery (Anchor Handling/Towing Winches, Anchor Windlass/Mooring Winches), compressors (Hatlapa air-cooled piston compressors), davits (A-type offshore rescue boat davit), hatch covers (with associated modernisations and sealing solutions), RoRo Solutions, side loading systems, and transloading solutions. The services layer wraps these products via the global 24/7 service network, MacGregor OnlineStore (spare-parts e-commerce), MacGregor Academy training, myMacGregor Services subscription agreements, Modernisation & Upgrades, the MacGregor OnWatch remote diagnostics platform, ROC-M remote access/control units, the Carbon Calculator sustainability tool, and dedicated Fishery and Research Services (MacGregor-RAPP and MacGregor-TRIPLEX). The offering is rounded out by heritage acquired brands (Allset, Conver-OSR, Hatlapa, Pusnes/Porsgrunn, TTS, Rapp Marine, Triplex, Hägglunds, Navire, Hydramarine, Plimsoll, Flintstone, Interschalt) that MacGregor continues to support as the Original Equipment Manufacturer (OEM).

Differentiator

Problem solved

Functional benefit

Brands

• Allset: OEM brand for MacGregor lashing products.
• ASCA
• Conver-OSR
• Grampian Hydraulics
• Flintstone
• Hamworthy
• Hatlapa
• Hydralift
• Hydramarine
• Hydramaskin
• Hägglunds
• Interschalt
• KGW
• Kocks
• Krupp Fördertechnik
• Kvaerner Ships Equipment
• KYB - ASCA
• KYB – Kayaba Industries / Navire Cargo Gear
• LMG
• Luezhoe
• MacGregor-Conver
• MacGregor-Hägglunds
• MacGregor-Kayaba
• MacGregor-Navire
• Mongstad Engineering
• MTT
• Navire
• Navire Cargo Gear
• NMF
• Norlift
• O&K
• Plimsoll
• Porsgrunn
• Pusnes
• Rapp Marine
• Triplex
• TTS

Products and services

• Balanced Lashing System Patented, class-approved, sea-proven container securing system that uses elastic elements to evenly distribute loads across the entire lashing chain on container ships larger than 5,000 TEU, eliminating peak loads on upper turnbuckles, reducing broken corner/lashing bar failure risk and acting as a shock absorber in extreme sea states. Enables up to 10% more cargo on deck.
• AHC (Active Heave Compensated) Cranes Active heave-compensated subsea cranes for accurate, reliable lifts in all sea states including ultra-deep waters, drawing on nearly three decades of motion-compensation heritage. Offered with modern monitoring and global service support for offshore and subsea load handling.
• 400-tonne AHC Subsea Crane One of the largest subsea AHC cranes ordered in recent years, designed for a 127-metre Floating Wind Farm Construction Vessel for the Ulsan Floating Wind Farm off South Korea. Supports precision heavy lifts in challenging floating wind farm construction environments.
• Active Pendulation Control (APC) for cargo cranes Improves discharge times and the safety of crew and cargo by actively controlling pendulation on cargo cranes, with major benefits for offshore and transloading operations.
• Bulk Cranes Deck-mounted cargo cranes for reliable, efficient cargo handling on bulk carriers, available in both hydraulic and electric variants. Engineered for daily bulk operations where positioning accuracy, speed, and uptime directly affect port turnaround.
• Autonomous Discharging Crane Positioned as the future of safe, smart and efficient cargo handling; designed for autonomous discharging operations on bulk carriers.
• Electric Heavy-Lift Cranes Electric-drive variants available across the MacGregor merchant crane portfolio, designed for sustainable cargo handling and installed in ports such as Nghe Tinh, Vietnam.
• Port Cranes Hydraulic or electric-driven cranes for fixed or gantry-mounted port installations, handling bulk cargo, containers, and general cargo to reduce time in port and operating costs.
• Bow Loading System (BLS) Bow loading systems for shuttle tankers and offshore loading, built on five decades of innovation for challenging loading operations at sea.
• Offloading System Safe and reliable offloading solutions for all offshore environments, with more than three decades of innovation in offshore loading operations supporting FPSOs and shuttle tankers.
• Anchor Handling / Towing Winches Anchor handling/towing winches designed for specific customer requirements and the best possible solution for a specified scope of work on offshore vessels.
• Anchor Windlass / Mooring Winches (offshore) Winches that can be delivered as standalone single units or as the lifting element in complete systems for specific lifting operations, including anchor windlass and mooring functions for offshore vessels.
• Air Cooled Piston Compressors (Hatlapa) Hatlapa air-cooled piston compressors providing reliable starting air for main diesel engines and generator engines on all ship types.
• Horizon V4 Active Motion Compensated Gangway Motion-compensated gangway with floating-to-floating capability (CSOV-to-FPSO), independently verified and certified by DNV following a successful Sea Acceptance Test. Uses high-precision LiDAR-based relative motion tracking for safe personnel transfer between two independently moving offshore assets.
• A-type Offshore Rescue Boat Davit Cost-effective A-type davit for handling small and medium-sized fast rescue boats, man-overboard boats, workboats and daughter craft, suitable for naval and offshore operators.
• Cargo Boost Cargo System Modification that increases cargo carrying capacity by up to 15%, enabling shipowners, operators, and fleet managers to maximise earning potential while maintaining full safety compliance on container ships.
• MacGregor GravityVibe Self-Unloading System Gravity self-unloading system that eases discharge of coarse materials from cargo holds, allowing bulk carriers to transport a wider variety of materials in greater volume.
• Self Unloading Systems Reliable self-unloading systems providing the highest-rated capacities, built on long experience in self-unloading system design for bulk carriers.
• Transloading Solutions Customised transloading solutions delivering optimised systems with the highest rated capacities and proven reliability for cargo transfer operations.
• RoRo Solutions Reliable self-unloading RoRo systems providing the highest-rated capacities, including all-electric RoRo equipment supplied for PCTC vessels.
• Global Services (24/7 service network) Global service network extending to over 30 locations with responsive local teams and 24/7 remote support, providing planned, on-demand, and emergency maintenance and repairs, inspections, spare parts, and turnkey installations and upgrades for the full MacGregor equipment range.
• MacGregor OnlineStore Online portal giving MacGregor customers 24/7 access to availability and pricing information for genuine spare parts, with Quick Add ordering, live chat support, and same-day shipping on in-stock items ordered before 2.00 PM local warehouse time.
• MacGregor Academy Paid training programme covering safe operation, maintenance and troubleshooting, and maximising product performance and efficiency for MacGregor products, with tailored learning paths delivered at MacGregor facilities or customer locations.
• Spare Parts Original high-quality MacGregor spare parts available throughout the year anywhere in the world, supplied from regional warehouses 24/7, including OEM brands such as Allset, ASCA, Conver-OSR, Hatlapa, H\u00e4gglunds, Pusnes, Rapp Marine, Triplex, TTS and others.
• Modernisation & Upgrades Service that extends the service life of cargo and load handling equipment and offshore support equipment, including upgrades using new technology and class-approved damage repairs, with on-site or regional workshop repair options.
• myMacGregor Services Customisable fleet maintenance agreements offering operational solutions, lifecycle management and risk mitigation with three service tiers and selectable modules, including OEM inspections, OnWatch remote diagnostics, and KPI-based service commitments.
• MacGregor OnWatch (incl. OnWatch Scout) Secure online remote diagnostic system providing immediate technical support services; OnWatch Scout is available for a selection of the product portfolio, helping to reduce downtime and repair costs across MacGregor's equipment.
• Fishery and Research Services (RAPP and TRIPLEX brands) Complete electric or hydraulic deck handling solutions for new fishing, research, and offshore vessels, plus planned/on-demand/emergency maintenance, repairs, upgrades, retro-fits, inspections and spare parts for MacGregor, RAPP and TRIPLEX branded equipment. Operates service hubs at Aver\u00f8y, Norway (with 6,000+ parts) and Seattle/Dutch Harbor in the U.S.
• ROC-M Unit (Remote Access / Remote Operation and Control) Digital solutions supporting remote access and remote operation/control of equipment, available as a leaflet and remote-support terms document in the download center.
• MacGregor Carbon Calculator Digital tool supporting maritime decarbonisation by quantifying environmental performance of MacGregor products, recognised with the GREEN4SEA Sustainability Award 2025.
• 165-tonne Lightweight AHC Crane Newly developed high-performance lightweight 165-tonne AHC crane offering greater lifting capacity for the same weight as competing 150-tonne systems, positioned for Construction Support Offshore Vessels built to ABS class.
• Steel Hatch Covers The heritage product invented by the MacGregor brothers in 1929 that founded the company; still part of the active portfolio with associated modernisation, bearing pad upgrades, control stand modernisations, and sealing solutions.

Quantifiable outcome

• Up to 10% more cargo on deck via the Balanced Lashing System (vs. standard lashing)
• +6 more outcomes

Named customers13 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Five partnerships are on record, tiered core and minor.

• BluewatercoreStrategic or Co-development Partner · 13 May 2026Bluewater contributed operational knowledge, trust and hands-on commitment to the validation of floating-to-floating motion compensation for MacGregor's Horizon V4 active motion compensated gangways, independently verified and certified by DNV after a successful Sea Acceptance Test.
• Edda WindcoreStrategic or Co-development Partner · 13 May 2026Edda Wind contributed operational expertise and partnership to validate MacGregor's Horizon V4 active motion compensated gangway for floating-to-floating personnel transfer in offshore wind operations.
• Norwind OffshorecoreStrategic or Co-development Partner · 13 May 2026Norwind Offshore brought operational knowledge and hands-on commitment to the validation of the MacGregor Horizon V4 active motion compensated gangway for floating-to-floating personnel transfer.
• Nemo MarineminorChannel Partner/ Reseller/ Distributor · 23 April 2026Nemo Marine is MacGregor's local sales agent in Türkiye. The collaboration secured a contract to supply a comprehensive package of offshore and merchant deck machinery for ultra-large cable-laying vessels to be constructed at Tersan Shipyard, booked into MacGregor's Q1 2026 orders received.
• Cargotec Corporation / Hiab CorporationcoreStrategic or Co-development Partner · 1 November 2024Former parent company. In November 2024, Cargotec announced the agreement to sell MacGregor to funds managed by Triton, with the transaction closing on 31 July 2025. MacGregor completed its separation from Hiab Oyj during 2025. Mika Vehviläinen (former Cargotec President & CEO 2013-2022) sits on the MacGregor Board.

Scale indicators11 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Palfinger: Palfinger is a leading global manufacturer of marine cranes, davits and load-handling equipment for commercial vessels and offshore platforms, directly overlapping with MacGregor's merchant and offshore deck machinery portfolio.
• Huisman Equipment: Huisman is a Dutch specialist in heavy-duty offshore cranes, subsea cranes and motion-compensation technology, directly comparable to MacGregor's AHC crane and offshore lifting portfolio for offshore wind and oil & gas.
• TTS Group ASA: TTS Group was a leading supplier of marine cargo and load-handling equipment (acquired by Cargotec/MacGregor in 2019) — its former standalone profile as a competitor remains directly comparable to MacGregor's cargo handling portfolio.
• Konecranes: Konecranes supplies port cranes, ship-to-shore container handling equipment and lift trucks, directly comparable to MacGregor's Ports & Terminals business and port crane range.
• Liebherr (Maritime Cranes): Liebherr manufactures ship-to-shore container cranes, port cranes and offshore maritime cranes, directly competing with MacGregor's port, bulk and electric heavy-lift crane product lines.
• Kongsberg Maritime: Kongsberg Maritime supplies offshore and merchant vessel equipment including motion-compensated cranes, deck machinery and integrated vessel systems, directly competing with MacGregor's offshore load-handling and merchant cargo portfolios.

Broad incumbents

• Cargotec / Hiab: Cargotec (now Hiab) is MacGregor's former parent and continues to operate in load-handling equipment (Hiab loader cranes, Kalmar port equipment), with partial overlap in cargo handling solutions and shared industrial heritage.
• NOV (National Oilwell Varco): NOV is a broad oilfield equipment incumbent with offshore lifting, cranes and marine solutions for offshore vessels, comparable to MacGregor's offshore and FPSO/subsea offerings as part of a wider portfolio.
• Manitowoc Cranes (Grove, Potain, National): Manitowoc's crane portfolio includes crawler, mobile and port crane solutions (Grove, Potain, National), comparable to MacGregor's port and heavy-lift crane offerings as a broader industrial crane incumbent.
• ABB Marine: ABB Marine & Ports supplies electric drives, propulsion and automation for ships and ports; comparable to MacGregor's electric heavy-lift cranes and ROC-M remote operations/digital solutions as an enabling technology peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/macgregorglobal
• YouTubeyoutube.com/c/MacGregor
• Facebookfacebook.com/MacGregorGlobal
• LinkedInlinkedin.com/company/macgregorglobal
• Instagraminstagram.com/macgregorglobal

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries6 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Macgregor