The acquisition has been described as a strategic step for Kalmar to become a major global crane refurbishment and services provider. Kalmar has been a minority shareholder with 30% ownership in the company since 2007.

Mareiport is understood to be a privately owned company established in 1985 in Algeciras, Spain. It has been providing maintenance services for ports and terminals and refurbishment and heightening services for a large variety of different cranes, including quay cranes, rubber tyred gantry cranes, bulk cranes and large shipyard cranes, especially in the Mediterranean area. In 2012, Mareiport’s sales totalled approximately €20m and it employs approximately 250 people.

By acquiring full ownership in Mareiport, Kalmar will expand its crane services and refurbishment capabilities especially in Southern Europe, Middle East and Africa. Together with existing competences in Central Europe, South East Asia and East Coast USA, it will be more able to respond to the growing customer needs globally.