MacGregor sets up head office in Singapore
- Business & Finance
MacGregor, part of Cargotec, has established a head office in Singapore after over three years of operating with a virtual head office.
MacGregor said on Friday that, due to the company’s strategy aimed at strengthening its local presence in Asia, president of MacGregor Michel van Roozendaal would relocate to Singapore as of October 1.
Also, finance and sourcing operations will be led from Singapore. Consequently, Jani Oksanen, vice president of finance at MacGregor will be based in Singapore from the same date.
“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 percent of MacGregor’s Sourcing volume is purchased from Asian vendors,” said Roozendaal.
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.