South Korean trade panel OKs MacGregor acquisition

The Cargotec company announced plans to buy TTS Group’s marine and offshore businesses in February.

South Korean trade panel OKs MacGregor acquisition

The Cargotec company announced plans to buy TTS Group’s marine and offshore businesses in February.

South Korean trade panel OKs MacGregor acquisition

The Cargotec company announced plans to buy TTS Group’s marine and offshore businesses in February.

 
   MacGregor announced Thursday that it had received clearance from the South Korean Fair Trade Commission for the acquisition of the marine and offshore businesses of TTS Group ASA.
   MacGregor, a provider of intelligent maritime cargo and load handling and part of Cargotec Corp., announced the acquisition in February.
   MacGregor received approval from the German regulator in November but is still waiting for the OK from the competition authority in China. The company expects to close the transaction in the first quarter of 2019.
There's clearly bipartisan support to modernize and revitalize our infrastructure, so now we're calling on Congress to act.

U.S-flagged Great Lake freighters moved 3.1 million tons of cargo in January, a 110 percent year-over-year increase and 44 percent above the month's five-year average.

Most Popular
Latest News
Social Media

Loading...

STB raises penalty amounts for 2019

STB raises penalty amounts for 2019

Embed this story

Share Code Version 1

This version will embed the story headline and includes HTML fallback protection, ensuring the story will display even if some users decide to disable javascript in their browsers.

Copy & Paste the following code to embed this story on your website:

Preview

South Korean trade panel OKs MacGregor acquisition

The Cargotec company announced plans to buy TTS Group’s marine and offshore businesses in February.

on Dec 28, 2018AmericanShipper.com

Share Code Version 2

This version will embed the story headline without any styling applied. Use this version if you will use your own custom styling on your website. This version also includes HTML fallback protection.

Copy & Paste the following code to embed this story on your website:

Preview

South Korean trade panel OKs MacGregor acquisition

The Cargotec company announced plans to buy TTS Group’s marine and offshore businesses in February.

on Dec 28, 2018AmericanShipper.com