Gantrex Group has signed a share purchase agreement through its Spanish subsidiary Gantrex Spain to acquire 100% of the shares of the Madrid-based company Bravo Silva ConsultorÃa Técnica, also known as ABS Consultor.
With this transaction, the Belgian crane rail solutions provider is taking the first step in executing its new “Gantrex 4.0” strategic plan, which aims to create a more “intimate” customer relationship through the addition of mechanical services and new digital solutions, according to a statement.
“In discussing with Antonio and his team, we immediately recognised a company which shares the same values in terms of quality, innovation and business ethics as we do at Gantrex,” stated Gantrex Group CEO, Maarten Impens.
In recent years, both Gantrex and ABS have developed a new global service activity focusing on the repair and modification of trolley rail systems on container handling cranes.
Port customers often asked Gantrex to include a wider range of mechanical services, and the acquisition of ABS will allow the scope of services to be expanded, according to the announcement. “Our customers in the port industry are increasingly asking to expand our mechanical service offering beyond traditional crane rail solutions, and with the integration of ABS into the Gantrex Group we will be able to provide them a more complete answer,” said Impens.
Gantrex also expects to leverage its global presence of regional inventories to further develop sales of a variety of crane parts, through ABS’ acquisition.