This acquisition reinforces Gantrex’ position in the Dutch market and in Europe’s leading port
Gantrex Group, a specialist in Port Crane Services (PCS) with head quarters in Belgium, acquired the rotterdam Liftcom, a company focuses on inspecting, maintaining, repairing and moving of new and operational port equipment.
Founded in 1971, Gantrex is the global leader in engineering solutions for crane rails and specialty rail tracks. The Group’s products are used in many different applications and end-markets including ports, shipyards, steel mills, aluminium smelters, railway depots and heavy industries. The group realizes a turnover of 113 million euros, employs approximately 450 people in 20+ countries, and serves over 3,000 customers all around the world.
Private equity firm Argos Wityu has been Gantrex’ majority shareholder since 2015.
This acquisition is the second for Gantrex in their PCS activity. In 2022, the Spanish ABS Consultor was acquired. This acquisition will function as the second PCS hub for the North-Western region in Europe. This growing activity already contributes significant revenue to the Group´s top line and is expected to double in profitable turnover by 2026.
Integrating Liftcom will allow to reinforce Gantrex’ position in the Dutch market and in Europe’s leading port in Rotterdam, a port with over 100 ship-to-shore cranes and 300-yard cranes spread over multiple terminals.
