Cargotec - Company Announcement

Cargotec's MacGregor completes acquisition of Aker Solutions' mooring and loading systems unit

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 30 JANUARY 2014 AT 3.00 PM EET

Cargotec's MacGregor has completed the acquisition of the mooring and loading
systems unit from Aker Solutions. Cargotec announced the agreement to acquire
the unit in October 2013 for an enterprise value of approximately EUR 180
million. The unit will be consolidated into MacGregor's results as of 1 February
2014."The addition of the mooring and loading systems' team members, technologies and
products further positions MacGregor as a true leader in the marine and offshore
equipment market.  When combined with our other MacGregor products and the
expertise of the recently acquired Hatlapa marine equipment business, we can now
offer customers the most complete range of high performing equipment and
systems", states Eric Nielsen, President, MacGregor. "With this acquisition now
complete, we look forward to a quick and smooth integration into MacGregor
family, with the clear goal of serving our existing and new customers with the
most innovative and well supported offering", Eric Nielsen continues."We are happy to become part of MacGregor and see exciting opportunities coming
from the combined resources, technologies and global footprint of our two
companies. This is a very positive development for all of our customers and team
members," says Leif Haukom who leads the mooring and loading systems unit.

Completion of this acquisition follows receipt of required approvals from the
relevant countries and authorities.

Further information:
Eric Nielsen, President, MacGregor, tel. +358 20 777 4061
Jukka Heinonen, General Counsel, MacGregor, tel. +358 40 5861 288


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

Cargotec improves the efficiency of cargo flows on land and at sea - wherever
cargo is on the move. Cargotec's brands MacGregor, Kalmar and Hiab are
recognised leaders in cargo and load handling solutions around the world.
Cargotec's global network is positioned close to customers and offers extensive
services that ensure the continuous, reliable and sustainable performance of
equipment. Cargotec's sales totalled EUR 3.3 billion in 2012 and it employs
approximately 10,000 people. Cargotec's class B shares are quoted on NASDAQ OMX
Helsinki under symbol CGCBV. www.cargotec.com
  

[HUG#1758067]