MacGregor Wraps Up Rapp Marine Acquisition

MacGregor, part of Cargotec, has completed the acquisition of Rapp Marine Group (RMG) to strengthen its offering for the fishery and research vessel segment.

MacGregor announced the acquisition of Rapp Marine in December 2017 for an enterprise value of approximately EUR 16 million.

“With MacGregor’s Triplex deck handling portfolio we already today have a very strong position in the fishery and research vessel segment and the addition of Rapp Marine’s team members and technologies further strengthens our position,” states Høye Høyesen, vice president, Advanced Offshore Solutions, MacGregor. “We look forward to a smooth integration into MacGregor family to serve our existing and new customers with innovative and well-supported offering,” Høye Høyesen continues.

“Our team is happy to join MacGregor. Customers can benefit from the wider portfolio of safe and efficient equipment from one provider to their specific vessels,” says Terje Arnesen, who leads the fishery and research business within Advanced Offshore Solutions at MacGregor.

RMG employs about 120 people with main locations in Norway, the USA and United Kingdom.

Share this article

Follow Subsea World News

Events>

<< Jan 2019 >>
MTWTFSS
31 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Subsea Expo Conference

The Subsea Expo Conference runs multiple parallel sessions over three days and attracts a broad range of experts to discuss…

read more >

ACENS 2019

Submission shall pass the double blind paper review first in order to be presented in the conference…

read more >

iXblue Annual User Conference

This one-day event is a golden opportunity for participants to share their experience on the latest technologies…

read more >

European Gas Conference

Alongside our hosts OMV and the largest delegation of Gazprom attendees, the European Gas Conference…

read more >