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CSL Acquires Minority Stake in EMS-Tech

marinesalvage by marinesalvage
December 11, 2021
in Law & Regulations
0
CSL Acquires Minority Stake in EMS-Tech

(Photo: CNW Group/The CSL Group Inc.)

(Photo: CNW Group/The CSL Group Inc.)

The globe’s biggest proprietor as well as driver of self-unloading ships The CSL Group has actually obtained a minority risk in Canadian design company EMS-Tech Inc, a developer as well as provider of mass product taking care of systems.

The financial investment will certainly improve the harmonies established in between CSL as well as EMS-Tech over 25 years as well as will certainly take advantage of the firms’ particular staminas in supplying innovative freight taking care of options. EMS-Tech will certainly remain to be separately handled by its present group.

For over 3 years, EMS-Tech has actually supplied ingenious options to the mass product taking care of market, much of which can be located on self-unloading ships as well as transhipment possessions had as well as run by CSL worldwide.

“We are excited to be working with CSL to advance integrated marine and land-based material handling systems,” claimed EMS-Tech President as well as Owner,Peter Sorensen “We believe that project partnerships with CSL will take our industry-leading expertise and know-how to new markets and geographies.”

“Since CSL began working with EMS-Tech in 1996, the alignment of our complimentary capabilities has produced state-of-the-art cargo handling solutions for our customers,” claimed Louis Martel, CSL President as well as chief executive officer.

“This financial investment is an expansion of our self-confidence in EMS-Tech’s abilities as well as development possibility, as well as an extension of our dedication to give our international consumers with a complete series of secure, lasting as well as high-performance solutions.

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