MacGregor, part of Cargotec, has established 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 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. Consequently, Jani Oksanen, Vice President, Finance, MacGregor, will as of 1 October 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 centers 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.