Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
MacGregor acquires marine and offshore business from TTS Group for EUR 87m
August 2, 2018

MacGregor, a Cargotec company, acquires marine and offshore businesses from TTS Group for EUR 87m. MacGregor acquires all of TTS' activity within marine and offshore. They also acces the Chinese market as TTS has already established 50/50 joint venutres with local companies. Pro-forma financials for LTM is EUR 214m in revenue and EUR 5.3m in EBITDA.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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