07.05.2013

Kalmar acquires Mareport

Kalmar has acquired Spanish crane refurbishment and maintenance company Mareiport.

Kalmar has held a 30 percent stake in the business since 2007, and has made the move as a strategic step toward becoming a major crane refurbishment and services provider. The company has revenues of around €20 million and employs 250.

Mareiport is privately owned and was founded in 1985 in Algeciras, Spain. The company has been providing maintenance services for ports and terminals and refurbishment and heightening services for a large variety of cranes, including quay cranes, rubber tyred gantry cranes, bulk cranes and large shipyard cranes especially in the Mediterranean area.
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A Kalmar quay crane

Kalmar president Olli Isotalo said: "There are about 5,000 units of quay cranes in operation globally. A majority of them have been in operation for more than 10 years and are in need of refurbishment and upgrades. At the same time, our customers are looking for modifications and upgrades to their existing quay cranes to handle ever larger vessels. By acquiring full ownership in Mareiport, Kalmar will expand its crane services and refurbishment capabilities especially in Southern Europe, Middle East and Africa and together with our existing competences in Central Europe, South East Asia and East Coast USA we will be able to respond to the growing customer needs globally."