Cargotec Acquires Offshore Service Company
Cargotec’s MacGREGOR business area providing marine cargo handling and offshore load handling solutions has signed an agreement to acquire US based Platform Crane Services International Inc (PCS). The sales of the company in 2007 were approximately USD 16 million and the company employs 105 persons. The transaction is subject to due diligence. The parties have agreed not to disclose the transaction value.