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MacGregor goes to Kone Cargotec
Kone Cargotec, the cargo-handling business of Kone Corporation which includes Kalmar Industries, has agreed to purchase, subject to competition authority approval, the entire share capital of MacGregor International AB from Sweden's Industri Kapital and Gambro AB. The debt-free transaction price is around E186 mill and is understood to include all MacGregor subsidaries and its interests in joint venture companies. MacGregor's 2004 net sales are expected to total E370 mill.
Kone Cargotec's strategy is to grow and maintain market leading positions globally with strong brands in all its areas of business. "MacGregor supplements Kone Cargotec's container and load handling businesses Kalmar and Hiab very well" said Kone Cargotec president Carl-Gustaf Bergström. "Integrating these businesses into one group creates clear synergy opportunities." Other attractive features of MacGregor, he added, are its strong presence in Asia and it global service network - after-sales revenues account for 30 per cent of its total sales.
Kone Corporation and MacGregor have enjoyed a long-term alliance for the manufacture and service of marine elevators and escalators. which is claimed to be the world's leading supplier of elevators for cruise vessels.
The past 2-3 months have been a busy period for MacGregor. Complete cargo access, handling and securing packages are to be be fitted to four 12,500 dwt/766 TEU multipurpose ships ordered by Enzian Shipping from Kyokuyo Shipyard in Japan for delivery next year. MacGregor is supplying complete hatch cover sets for both weather and tweendecks, deck cranes and securing systems.
The vessels' holds will not be fitted with cellguides, so MacGregor has met OSHA requirements by using its terminal pressure stacker (TPS-1) lashing equipment. The TPS-1 facilitates safe handling of containers in accordance with OSHA requirements, which effectively ban stevedores from climbing on top of containers to release securing devices.
The TPS-1 allows unrestricted, independent and flexible loading and discharging of both 20ft and 40ft containers without the need to reduce weight in accordance with GL requirements.
Calculations for optimising the container stack weight and weight distribution were also carried out by MacGregor, along with the supply of a class-approved cargo securing manual.
A special feature will be portable stoppers of different heights arranged around the weather deck panels to ease handling of the covers by the ship's cranes.
Each ship will be fitted with two GL8019/4530/4033-3 cranes and a 17m team beam capable of a 144 tonne SWL, as well as one 40ft fixed frame spreader with a 36 tonne SWL and a 20ft fixed frame.
MacGregor has also announced an order for hatch covers optimised for 45ft containers for six 800 TEU combi-feeder ships being built for German owner Reederei Köpping at Damen Shipyards' Galati yard in Romania. Four 13,400 dwt general cargo ships ordered by Carisbrooke Shipping from Japanese yard Kyokuyo will feature the largest high-stowing folding-type hatch covers to be supplied by MacGregor. The hatch covers will be operated by external hydraulic cylinders and are manually cleated and weathertight.
MacGregor is also opening a new hatch cover production plant in China's Nantong province in partnership with Rainbow Heavy Industry, to add to hatch cover output from another purpose-built hatch cover factory in Nantong, which was opened six years ago and is run in partnership with NCSC.
Finally, MacGregor has entered into a co-operation agreement with Iran Shipbuilding & Offshore Industries Complex regarding repair of cargo access and cargo care equipment and mechanical and fluid power and control components and systems.
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