Kalmar has announced it will acquire the port services business of Melbourne-based Inver Engineering on December 29, 2017.
Inver Engineering was established in Melbourne in 1981 and services the port, rail, petrochemical, oil and gas and manufacturing industries.
Inver Port Services repairs, maintains and refurbishes container terminals’ cranes across Australia, New Zealand and the Pacific. The company’s sales account for about €5m (US$5.93m) and it employs 23 people.
Kalmar’s senior vice president, Asia-Pacific, Peter McLean, said: “We are 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.”
“Furthermore,” he continued, “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’s strong brand and good reputation among their customers will help us take the next step in executing our services strategy.”
Inver Port Services director Stuart Smith said: “Kalmar’s investment into Inver Port Services provides an excellent platform for the further development of Inver Port Services’ personnel competencies, enabling us to better support our existing customers throughout the region and expand our business globally.”