MacGregor acquires Deep Water Solutions

5 March 2014

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Norwegian multi drive lifting specialist Deep Water Solutions AS has been acquired by MacGregor who are part of Cargotec. The firm, which was privately-owned, specialises in lifting applications with electric multi drive technology.

Tom Harald Svennevig, vice president for MacGregor advanced load handling business, said: "Customer requirements for environmentally friendly solutions are increasing in offshore load handling applications, such as subsea cranes, module handling and LARS (launch and recovery) systems and having Deep Water Solutions' experts in the MacGregor family we enhance and strengthen our multi-drive (electric) technology know-how to be able better to serve and support our customers"

"The owners and operators are looking for vessels designed for worldwide service with a 'clean design' and Green Passport. Clean Design requires minimum fuel consumption, requires no spill philosophy and makes electrical multi drive technology a preferred choice", Mr Svennevig continues.