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Kone Cargotec finalizes acquisition of MacGREGOR

Kone Cargotec, the cargo handling business of KONE Corporation, agreed on 2 December, 2004 to purchase the entire share capital in global marine cargo flow solution and service provider MacGREGOR International AB from the Swedish companies Industri Kapital and Gambro.

The terms and conditions of the contract have been fulfilled and the transaction was closed on 4 March 2005.


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For further information contact:
Hans Pettersson, CEO MacGREGOR
Tel: +46 31 850 746

Henrik Vildenfeldt, CFO MacGREGOR
Tel: +46 31 850 747

www.konecorp.com www.macgregor-group.com