Sunday 21st Oct, 2018

Kalmar announces Inver acquisition

Kalmar Asia-Pacific senior vice-president Peter McLean; credit Kalmar
Kalmar Asia-Pacific senior vice-president Peter McLean; credit Kalmar

CARGOTEC subsidiary Kalmar has announced an agreement to acquire the port services business of Inver Engineering in Australia.

The investment in Inver Port Services, agreed late last year, is aimed at supporting Kalmar strategic growth plans while strengthening and broadening existing capabilities in Australia, New Zealand and the Pacific.

Inver Engineering is a private company established in Melbourne and Inver Port Services (part of Inver Engineering) is said to have a solid record in providing repairs, maintenance and crane refurbishment projects.

Kalmar Asia-Pacific senior vice-president Peter McLean said they were excited to welcome the Inver Port Services team to Kalmar Australia.

“The region is a strategically important market for Kalmar and this acquisition further strengthens our capabilities to serve our customers in ports and terminals across the region,” Mr McLean said.

“Furthermore, we see great synergies in building our current offerings with Inver Port Services and providing our customers with a more comprehensive range of services.”

Inver Port Services director Stuart Smith said Kalmar’s investment provided an excellent platform for developing Inver Port Services’ personnel competencies while “enabling us to better support our existing customers throughout the region and expand our business globally”.

Kalmar’s services portfolio is said to consist of maintenance contracts and technical support as well as parts, training and crane upgrade projects.

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