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20 March 2018 The on-line newspaper devoted to the world of transports 14:40 GMT+1

December 21, 2017

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Original news
MacGregor (Cargotec group) will buy the Rapp Norwegian Marine

The transaction will have a value of 16 million euros

MacGregor, the brand of the Cargotec that takes care of the segment of means of handling and systems produced from the Finnish group for the naval and offshore field, has undersigned an agreement with Nord Kapitalforvaltning in order to buy the Norwegian company Rapp Marine Group (RMG) that it realizes systems of handling and cargo for the ships. Remembering that in the current pocketbook of the MacGregor they figure various means of deck handling, between which crane and bigas, the society of the Cargotec group it has explained that with the acquisition of the complete RMG it will be able to offer solution that they include the winches and relative systems of control.

According to the forecasts the acquisition, that it will have a value of 16 million euros, will happen in the course of the first trimester of the next year. The transaction will not include the plant of the RMG in Serbia for which contextually an agreement for the supply of its produced ones to the RMG will be signed.

Rapp Marine Group has about 120 dependent and, as well as in Norway, it is present in the United States and the United Kingdom. The company will close 2017 with a turnover previewed of about 40 million euros, of which 30% producing by the services. The society of private equities Nord Kapitalforvaltning had bought RMG in December 2012.

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