Vestergaard Company Buys Significant Share in Kalmar Motor
Vestergaard Company and Kalmar Motor are pleased to announce that Vestergaard Company has bought a significant share in Kalmar Motor.
Vestergaard Company’s investment in Kalmar Motor is the result of a mutual agreement between the management of both companies that the two ground support equipment manufacturers – both based in Scandinavia – can further benefit from an elaborated future cooperation.
Since January 2015, Vestergaard Company Inc. in McHenry, Illinois, USA has served as Kalmar Motor’s service partner in North America. Vestergaard’s investment in Kalmar Motor shall be seen as a desire to further strengthen what has proved to be a fruitful and mutual beneficial cooperation between the two companies.
“Vestergaard Company are very happy to have been given this opportunity to invest in an innovative company that over the last period of time has showed impressive results and has great future potential”, says CEO at Vestergaard Company, Stefan Vestergaard.
Magnus Johansson, CEO at Kalmar Motor adds: “Vestergaard Company and Kalmar Motor are very similar when it comes to company culture as well as in our focus on delivering products of constant high quality. We aim for very high customer satisfaction in everything we do and with the new strengthened cooperation between our companies we will be able to raise this bar even higher to the benefit of our customers.”
Kalmar Motor will benefit from Vestergaard Company’s organization, and well-established presence in several markets. The cooperation will primarily focus on sales and service efforts worldwide. Both companies will continue to work and produce at their own facilities in respectively Kalmar in Sweden, Roskilde in Denmark and Laem Chabang in Thailand.
Vestergaard Company A/S designs, produces and services airport equipment based on advanced technology. The Vestergaard product line sets the standard for quality, functionality and durability in the Ground Support Equipment (GSE) industry, primarily supplying: Deicing Systems, Vacuum Toilet Service systems, Water Service Systems and Aircraft Washing Systems.
Kalmar Motor AB is a company specialized in vehicles for moving aircraft. The company was established in 1969, is privately owned and is located in the city of Kalmar Sweden. Product range today include both conventional towbar tractors and towbarless (TBL) tractors with capacity of handling from regional aircraft up to wide bodies.
