September 12, 2022
Vestergaard Company and Kalmar Motor are pleased to announce that Vestergaard Company has acquired the remaining shares in Kalmar Motor, hereby being the sole shareholder of the company.
Vestergaard Company’s acquisition of Kalmar Motor is a natural next step in the close cooperation between the companies. The strategic partnership began in 2017 and have proved very fruitful and beneficial for both. Since its beginning the cooperation has developed and expanded, where the companies today work closely on both Sales and Service.
“We are delighted to have been given the opportunity to continue the proud legacy of Kalmar Motor. We are extremely proud to be able to bring together the best-in-class products and offer our customers a strong brand such as Kalmar Motor. Both companies place a great emphasis on delivering highly efficient and sustainable airport equipment to customers around the world”, says CEO at Vestergaard Company, Stefan Vestergaard.
Magnus Johansson, CEO at Kalmar Motor adds: “It has been important for me to ensure the continuity of Kalmar Motor – for the benefit of the customers and employees. Our long-term partnership has been a success, and I am confident Vestergaard Company is the best owner to take Kalmar Motor to the next level.”
Vestergaard Company and Kalmar Motor will continue as independent companies and brands. Magnus Johansson will continue as Board member in the Board of Directors, offering his support in the transition period. The cooperation between the companies will be further strengthened to position each better for future growth. In the short term, investments have been made to increase the production capacity in Kalmar Motor, in order to keep up with the growing demand for their innovative electrical tractors.
For more information please contact:
Stefan Vestergaard, +45 4642 2222 or sv@vestergaardcompany.com
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.
Vestergaard Company and Kalmar Motor, September 12th, 2022
