MacGregor Group has been acquired by KONE Corporation
IK Investment Partners and all the shareholders have sold MacGregor Group to KONE Corporation for US$247 million.
MacGregor Group is the global market leader in marine cargo flow solutions and service for shipowners, ship operators and shipyards. The group's products include hatch covers, cranes, RoRo equipment and shipboard elevators, among others.
Founded in 1910 and headquartered in Finland, KONE Corporation is an international leader in the elevator and escalator business. The company operates in more than 60 countries around the world, serving more than 450,000 customers. Headquartered in Helsinki, Finland, the firm has eight global R&D centers and seven global productions sites, as well as a worldwide network of authorized distributors.
IK Investment Partners is a European private equity advisory group operating across northern continental Europe. Focused on investing in companies with strong underlying potential, the firm supports the IK Funds as they partner with management teams and investors to grow businesses, improve performance and create sustainable value for its stakeholders.
Oaklins' team in Finland acted as an advisor to the seller jointly with Citybank.
Talk to the deal team
Related deals
TEAM Safety Services Limited has been acquired by Vadella Group
TEAM Safety Services Limited, a leading UK-based health, safety and fire safety consultancy, has been acquired by Vadella Group, a specialist provider of inspection-led compliance services for the built environment.
Learn moreMEDIK Hospital Design Group has been acquired by STERIS
The private shareholders of MEDIK Hospital Design Group have sold their shares to STERIS plc. Together, MEDIK and STERIS will expand their offerings for hospitals and ambulatory surgery centers worldwide. MEDIK’s solutions ideally complement STERIS’ existing portfolio, enabling the combined group to strengthen its position as a leading provider of turnkey room solutions in surgical and IPT environments. The MEDIK management team will actively support the next phase of growth.
Learn moreSunrise Eggs has been acquired by Agrova International
Sunrise Eggs, one of the UK’s best-established independent egg producers and distributors, has joined Agrova International AS, a European poultry and agri-foods group.
Learn more