Cavotec Acquires Combibox Systems

Press Release
Wednesday, September 05, 2012

Sweden's Cavotec Group strengthens customer base with acquisition of ground support equipment manufacturer Combibox, also of Sweden.

Cavotec explains their success at generating added value for customers and the Group by applying technologies perfected for airports to port applications for ships: an approach Combibox has also adopted.

“With more than 30 years of experience in the airports industry, Combibox is extremely well-established; it has an outstanding customer base with product references all around the world. This will enable the Group to further improve its offering and expand into new markets,” explains Cavotec CEO Ottonel Popesco.

Combibox’s product range – in-ground systems that supply aircraft with air, fuel, electrical power, and fresh and blue water – complements Cavotec’s systems offering.

Crucially, Combibox’s excellent customer base provides Cavotec with a large number of new opportunities that will help support the future growth of the Group. The acquisition will add new and reinforce existing markets for Cavotec across Asia, the Baltics, Scandinavia, Eastern Europe, and India. Combibox is extremely active on the market, and until now has been one of Cavotec’s main competitors in the sector.

 

Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Reopening Date of Libya Oil Ports Uncertain

It is too early to say when Libyan oil ports Es Sider and Ras Lanuf can reopen after a force loyal to a self-declared Tripoli government pulled out troops from frontlines near to the terminals,

Strategic Marine Delivers ‘Triple First’ StratCat

Strategic Marine, a leading specialist shipbuilder and member of the TriYards Group, has delivered a world’s first to European windfarm service sector operator, Njord Offshore.

Drydocks World, Maritime World Win Excellence Awards

Drydocks World and Maritime World have won the Excellence Award given by the International Maritime Club at the Golden Bells Awards 2015 - Middle East. Drydocks

Marine Equipment

Drydocks World, Maritime World Win Excellence Awards

Drydocks World and Maritime World have won the Excellence Award given by the International Maritime Club at the Golden Bells Awards 2015 - Middle East. Drydocks

Ocean 3 launched at the AGCT, Rijeka

China Shipping Container Line’s (CSCL) Xin Qin Huang Dao recently made its maiden call at the Adriatic Gate Container Terminal (AGCT), International Container Terminal Services, Inc.

Rolls-Royce Propulsion Package for Polar Ship

Rolls-Royce has been awarded a contract by ship builder Fincantieri to supply a fully integrated propulsion system for Norway’s new Polar Research Vessel, which

Mergers & Acquisitions

CSIC, CSSC Dismiss Shipbuilder Merger Rumors

China's state-backed shipbuilding giants said they have not received any merger-related information from authorities, after an executive swap between the firms sparked a market rally in their shares.

Swire Pacific Offshore Acquires 2 Newbuildings

Shipowner and operator, Swire Pacific Offshore Operations (Pte) Ltd (SPO) celebrated the naming of two new vessels, Pacific Centurion, an Anchor Handling Tug Supply (AHTS) vessel,

Golden Ocean and Knightsbridge Complete Merger

The merger between Knightsbridge Shipping Limited and Golden Ocean Group Limited was approved today at special meetings of both companies' shareholders.      The new company,

 
 
Maritime Contracts Maritime Security Navigation Offshore Oil Pod Propulsion Port Authority Salvage Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1983 sec (5 req/sec)