The company, owned by Helsinki Nasdaq-listed Cargotec, has been operating what it described as a virtual head office for three years and is now establishing a physical head office in the Southeast Asian city state.
With the setting up of the global head office both Michel van Roozendaal, president and Jani Oksanen, vice president, finance for MacGregor will be moving to Singapore from 1 October.
"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," said van 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.
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