Cargotec - Company Announcement

Cargotec has decided to reverse the listing of MacGregor

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 18 JULY 2014 AT 11.55 (EEST)

Cargotec has decided to reverse the listing of MacGregor


Cargotec has decided to reverse earlier plans to separately list its MacGregor
business. Cargotec's Board of Directors expects that shareholder value will be
best created by fully focusing on the integration of newly acquired businesses
into MacGregor and by delivering profitable growth within the new MacGregor as
part of the overall Cargotec portfolio.

MacGregor is seen as a key value driver for Cargotec with a broad range of
competitive solutions. The existing strategy is successfully implemented by
growing its merchant business and entering to additional offshore markets with
its two recent acquisitions Hatlapa and Aker Solutions' former mooring and
loading systems unit.


Further information for media:
Anne Westersund, Senior Vice President Communications and Public Affairs, tel.
+358 20 777 4460

Further information for investors:
Eeva Sipilä, Executive Vice President and CFO, tel. +358 20 777 4104
Paula Liimatta, Director, Investor Relations, tel. +358 20 777 4084


Cargotec shapes the cargo handling industry for the benefit of its customers and
shareholders. Cargotec's business areas MacGregor, Kalmar and Hiab are
recognised leaders in cargo and load handling solutions around the world. Their
global network is positioned close to customers and offers extensive services
that ensure a continuous, reliable and sustainable performance according to
customers' needs. Cargotec's sales totalled approximately EUR 3.2 billion and it
employs approximately 11,000 people. Cargotec's class B shares are quoted on
NASDAQ OMX Helsinki under symbol CGCBV. www.cargotec.com




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