TIP Group acquires the workshop business of SM and BM Transportkylservice
AMSTERDAM, 16 November 2023 – TIP Group, a leading global player in transportation and logistics solutions, is thrilled to announce the acquisition of SM and BM Transportkylservice, reefer workshop businesses located in Sweden.
This acquisition further continues to expand our growth path in the Nordic region, following the acquisition of the LAST og TANK AS workshop in Norway; Savon Rekkahuolto Oy in Finland; the truck and trailer business of EURO-Leasing A/S in Denmark and the workshop business of Släp & Kaross AB in Sweden earlier this year.
With this acquisition TIP Group expands its workshop network in Sweden to eight, adding the first three reefer workshops in Malmö, Helsingborg and Halmstad, thus greatly increasing its ability to service reefer unit for direct and third-party customers.
Christian Petersen, Vice President & Managing Director for TIP Group, Nordic region: “We are very proud of the acquisition of SM Transportkylservice & BM Transportkylservice which strengthens our reefer services in the Nordics significantly. The acquisition supports our strategy of building a strong truck and trailer service business in Sweden. The three workshops are well-established and known for their excellent customer service, and we are happy to welcome them into the TIP family.”
TIP is working closely with SM and BM Transportkylservice to ensure a smooth and effortless transition for all stakeholders involved.
About TIP Group
TIP Group, a leading equipment service provider in Europe and Canada, is headquartered in Amsterdam, the Netherlands. We specialize in lease and rent of road freight and intermodal transport equipment, services such as maintenance and repair, sale of used equipment, and other value-added services, such as digital solutions. We provide these to transportation and logistics customers from more than 130 locations spread over 18 countries in Europe and Canada. For more information, please visit our website or follow us on LinkedIn.
About SM and BM Transportkylservice
SM Transportkylservice and BM Transportkylservice in Sweden. SM & BM Transportkylservice have been in operation since 1997 and 1998, respectively, and their services include reefer unit sales and mounting, and maintenance & repair.
