Kalmars American Expansion

Scandinavian based cargo handling equipmentsupplier Kalmar Industries has acquired the assets and business of Americas Virginiabased Port Equipment Service Inc (PES).

The managing director of the Port of Kiel (SEEHAFEN KIEL GmbH & Co KG), Dirk Claus said, ‘This is an important step in the development of our port. Container handling represents a new business sector for Kiel.’ Established in 2001, PES reported net sales of more than ¢4m last year, much of which came from the erection, maintenance and repair of Kalmar and other brands of container and heavy materials handling equipment. PES also services railway terminals equipment.