25.04.2018

MacGregor and CSSC Nanjing Luzhou joint venture

The MacGregor division of Cargotec and China State Shipbuilding Corporation's (CSSC) Nanjing Luzhou Machine (LMC) has opened their first joint venture in Nanjing, China.

CSSC LMC and MacGregor have been cooperating for around 30 years. The joint venture's business model and organisational structure were developed last year, and the business license was obtained last month.

CSSC vice president Sun Wei said: "This joint venture establishment is a new cooperation model between our companies who both operate in the challenging market conditions. CSSC Nanjing Luzhou and MacGregor have built a solid foundation through 30 years' friendly cooperation. The new joint venture will combine MacGregor's strengths in design, technology, management and global after-sales service with Nanjing Luzhou's strengths in domestic production and sales based on the scale and industry strength of the CSSC Group. By actively exploring effective and innovative ways of cooperation, we are together able to achieve a win-win situation and good market prospects for the joint venture."
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Michel van Roozendaal of MacGregor (L) and Sun Wei of CSSC Group

MacGregor president Michel van Roozendaal added: "When looking at CSSC and MacGregor, we see two leaders joining forces. CSSC is the primary shipbuilding group in China, and well positioned as a global leader in the industry. MacGregor is the global leading expert of marine and offshore cargo and load handling solutions. This powerful combination will help us serving our customers even better than before. We shape the industry we operate in."