Cargotec’s MacGregor sets up Singapore head office

Cargotec Corporation (listed on Nasdaq Helsinki, Finland) announced on 29 September that its subsidiary MacGregor is establishing its Head office in Singapore.

This ends a period of more than three years where MacGregor has operated with a virtual head office. In line with MacGregor’s strategy execution the company wants to strengthen its local presence in Asia and Mr Michel van Roozendaal, President, MacGregor will relocate to Singapore as of 1 October 2017. In addition Finance and Sourcing operations will be led from Singapore. Therefore, Mr Jani Oksanen, Vice President, Finance, MacGregor, will as of 1 October also be based in Singapore.

With a global customer base and large geographic span of operations, MacGregor continues to have a strong leadership presence in Europe, where a majority of the company’s competence centres are located.

“As a global market leader in cargo and load handling serving our customers globally, a head office in Singapore is a natural fit for MacGregor as the majority of shipbuilding takes place in Asia. Furthermore, close to 70% of MacGregor’s Sourcing volume is purchased from Asian vendors,” states Michel van Roozendaal, President, MacGregor.

The new Head office will be established in the company’s existing premises in Singapore, where MacGregor shares an office with its sister companies Hiab and Kalmar.

Cargotec is a leading provider of cargo and load handling solutions with the goal of becoming the leader in intelligent cargo handling.

Cargo traffic is one of the vital services that help keep our global society up and running. Millions of items, from raw materials to consumer products, are transported locally and between countries. Cargotec’s global presence allows us to serve our customers both in mature markets and in growing economic areas.

Cargotec is a leading provider of cargo and load handling solutions with the goal of becoming the leader in intelligent cargo handling. In its business areas MacGregor is among its recognised leaders in cargo and load handling solutions around the world. Cargotec’s global network is positioned close to customers, offering extensive services to ensure continuous, reliable and sustainable performance according to customer needs.

MacGregor’s engineering solutions and services for marine cargo and offshore load handling are designed to perform with the sea. MacGregor aims to make the sea more accessible, safe and reliable for its customers.

Cargotec’s corporate headquarters is located in Helsinki, Finland, while the business areas’ production facilities are located in, among other countries, China, Finland, India and Malaysia.

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