Changes in the Board of Directors of Mohinder FinCo AB
29 augusti, 15:00
Changes in the Board of Directors of Mohinder FinCo AB
MOHINDER FINCO AB PRESS RELEASE, 29 AUGUST 2025 AT 3PM CEST
The extraordinary general meeting of Mohinder FinCo AB held on 29 August 2025 has elected Hubertus Mühlhäuser, Mika Vehviläinen and Thomas Hofvenstam as new Board members and Ilkka Tuominen to continue as a Board member. Hubertus Mühlhäuser was elected the Chairman of the Board. Mohinder FinCo AB, established by Triton Partners in 2024, is the sole owner of MacGregor, a leading provider of maritime cargo and load handling solutions.
“I’m honoured and excited to become the Chairman of the Board right after Triton has become the owner of MacGregor. MacGregor is a leader in the maritime industry with great engineering capabilities, a broad and sustainable product offering, high quality equipment and a strong market position. We have great expectations for the future of MacGregor, and I look forward to working with the MacGregor leadership team to accelerate the company’s profitable growth,” says Hubertus Mühlhäuser.
The Board members of Mohinder FinCo AB bring extensive experience across a wide variety of industries.
Hubertus Mühlhäuser has held several senior positions in globally operating industrial companies. Until 2020, he was CEO and Executive Director of CNH Industrial (NYSE:CNHI), one of the largest capital goods companies with its global brands Iveco (BIT:IVG), Magirus, Steyr, New Holland and Case. Prior to that, he served as President and CEO of Welbilt Inc. (NYSE:WBT), a leading foodservice equipment manufacturer, and earlier held senior leadership roles at AGCO Corporation (NYSE:AGCO). He currently serves as Chairman of FläktGroup, Kelvion Holding, Keenfinity Group and TAKKT AG (XETR:TTK), and is a member of the Board of Directors of Ballard Power Systems (NASDAQ:BLDP) and BlackBruin Oy.
Mika Vehviläinen has a wide experience from leading globally operating companies in various industries. He worked as the President and CEO of Cargotec in 2013–2022. Prior to that, he was President and CEO of Finnair, the Finnish airline company, in 2010–2013 and held various leadership roles at Nokia Corporation in 1992–2009. Mika is the Deputy Chairman of the Board of Wärtsilä, a global leader in technologies and lifecycle solutions for the marine and energy markets and member of the Board in the engineering company Danfoss A/S.
Thomas Hofvenstam, fund managing partner, co-leads the Triton mid-market funds and is a member of the Investment Advisory Committees for all mid-market and smaller mid-cap funds.
Ilkka Tuominen, investment advisory professional at Triton, continues in the Board of Mohinder FinCo AB. Ilkka led the MacGregor transaction at Triton and has served in the Board of Mohinder FinCo AB since its inception.
Mikael Aro and Niklas Kövamees from Triton have left the Board of Mohinder FinCo AB.
As announced before, the extraordinary general meeting of Mohinder FinCo AB held on 31 July 2025 resolved to change the company’s name to MacGregor Group AB. The name change is pending registration with the Swedish Companies Registration Office.
For further information, please contact:
Kirsi Varkemaa, Communications Director, MacGregor
Tel. +358 50 5222 600, Email: ext.kirsi.varkemaa@macgregor.com
Fredrik Hazén, Communications Professional, Triton
Tel. +46 709 483 810, Email: hazen.wp@triton-partners.com
About Mohinder FinCo AB
Mohinder FinCo, which is in the process of changing its name to MacGregor Group AB, was incorporated in 2024 by Triton Partners. Mohinder FinCo is currently the sole owner of MacGregor companies.
About Triton
Founded in 1997 and owned by its partners, Triton is a leading European mid-market sector-specialist investor. Triton focuses on investing in businesses that provide mission critical goods and services in its three core sectors of Business Services, Industrial Tech, and Healthcare.
Triton has over 150 investment professionals and value creation experts across 11 offices and invests through three complementary “All Weather” strategies: Mid-Market Private Equity, Smaller Mid-Cap Private Equity, and Opportunistic Credit. www.triton-partners.com
About MacGregor
MacGregor enables sustainable global maritime and offshore operations by maximising efficiency in cargo and load handling. With decades of experience, a global presence, and a strong portfolio of innovative technologies and services, MacGregor creates lifetime value to its customers.
MacGregor solutions are designed to perform with the sea, helping our customers enhance safety, reduce environmental impact, and optimise operational efficiency from newbuilding to upgrades and modernisations.
In 2024, MacGregor’s sales totalled approximately EUR 800 million and it employs about 2,000 people in 30 countries. www.macgregor.com
Changes in the Board of Directors of Mohinder FinCo AB
29 augusti, 15:00
Changes in the Board of Directors of Mohinder FinCo AB
MOHINDER FINCO AB PRESS RELEASE, 29 AUGUST 2025 AT 3PM CEST
The extraordinary general meeting of Mohinder FinCo AB held on 29 August 2025 has elected Hubertus Mühlhäuser, Mika Vehviläinen and Thomas Hofvenstam as new Board members and Ilkka Tuominen to continue as a Board member. Hubertus Mühlhäuser was elected the Chairman of the Board. Mohinder FinCo AB, established by Triton Partners in 2024, is the sole owner of MacGregor, a leading provider of maritime cargo and load handling solutions.
“I’m honoured and excited to become the Chairman of the Board right after Triton has become the owner of MacGregor. MacGregor is a leader in the maritime industry with great engineering capabilities, a broad and sustainable product offering, high quality equipment and a strong market position. We have great expectations for the future of MacGregor, and I look forward to working with the MacGregor leadership team to accelerate the company’s profitable growth,” says Hubertus Mühlhäuser.
The Board members of Mohinder FinCo AB bring extensive experience across a wide variety of industries.
Hubertus Mühlhäuser has held several senior positions in globally operating industrial companies. Until 2020, he was CEO and Executive Director of CNH Industrial (NYSE:CNHI), one of the largest capital goods companies with its global brands Iveco (BIT:IVG), Magirus, Steyr, New Holland and Case. Prior to that, he served as President and CEO of Welbilt Inc. (NYSE:WBT), a leading foodservice equipment manufacturer, and earlier held senior leadership roles at AGCO Corporation (NYSE:AGCO). He currently serves as Chairman of FläktGroup, Kelvion Holding, Keenfinity Group and TAKKT AG (XETR:TTK), and is a member of the Board of Directors of Ballard Power Systems (NASDAQ:BLDP) and BlackBruin Oy.
Mika Vehviläinen has a wide experience from leading globally operating companies in various industries. He worked as the President and CEO of Cargotec in 2013–2022. Prior to that, he was President and CEO of Finnair, the Finnish airline company, in 2010–2013 and held various leadership roles at Nokia Corporation in 1992–2009. Mika is the Deputy Chairman of the Board of Wärtsilä, a global leader in technologies and lifecycle solutions for the marine and energy markets and member of the Board in the engineering company Danfoss A/S.
Thomas Hofvenstam, fund managing partner, co-leads the Triton mid-market funds and is a member of the Investment Advisory Committees for all mid-market and smaller mid-cap funds.
Ilkka Tuominen, investment advisory professional at Triton, continues in the Board of Mohinder FinCo AB. Ilkka led the MacGregor transaction at Triton and has served in the Board of Mohinder FinCo AB since its inception.
Mikael Aro and Niklas Kövamees from Triton have left the Board of Mohinder FinCo AB.
As announced before, the extraordinary general meeting of Mohinder FinCo AB held on 31 July 2025 resolved to change the company’s name to MacGregor Group AB. The name change is pending registration with the Swedish Companies Registration Office.
For further information, please contact:
Kirsi Varkemaa, Communications Director, MacGregor
Tel. +358 50 5222 600, Email: ext.kirsi.varkemaa@macgregor.com
Fredrik Hazén, Communications Professional, Triton
Tel. +46 709 483 810, Email: hazen.wp@triton-partners.com
About Mohinder FinCo AB
Mohinder FinCo, which is in the process of changing its name to MacGregor Group AB, was incorporated in 2024 by Triton Partners. Mohinder FinCo is currently the sole owner of MacGregor companies.
About Triton
Founded in 1997 and owned by its partners, Triton is a leading European mid-market sector-specialist investor. Triton focuses on investing in businesses that provide mission critical goods and services in its three core sectors of Business Services, Industrial Tech, and Healthcare.
Triton has over 150 investment professionals and value creation experts across 11 offices and invests through three complementary “All Weather” strategies: Mid-Market Private Equity, Smaller Mid-Cap Private Equity, and Opportunistic Credit. www.triton-partners.com
About MacGregor
MacGregor enables sustainable global maritime and offshore operations by maximising efficiency in cargo and load handling. With decades of experience, a global presence, and a strong portfolio of innovative technologies and services, MacGregor creates lifetime value to its customers.
MacGregor solutions are designed to perform with the sea, helping our customers enhance safety, reduce environmental impact, and optimise operational efficiency from newbuilding to upgrades and modernisations.
In 2024, MacGregor’s sales totalled approximately EUR 800 million and it employs about 2,000 people in 30 countries. www.macgregor.com
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