Equipment manufacturer MacGregor, part of Finland’s Cargotec, has established its head office in Singapore, a move that has been a long time coming. This ends a period of more than three years where MacGregor has operated with a virtual head office. MacGregor’s said the move was in order to strengthen its local presence in Asia. Michel van Roozendaal, MacGregor’s president, relocates to Singapore over the weekend. In addition finance and sourcing operations will be led from Singapore.
“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,” van Roozendaal said.
The new head office will be established in the company’s existing premises in Singapore, where MacGregor shares an office with its sister companies Hiab and Kalmar.