TIP Group acquires the workshop business of Släp & Kaross AB in Sweden
AMSTERDAM, 2 May 2023 – TIP Group, a portfolio company of I Squared Capital and one of the leading trailer leasing, rental, maintenance and repair providers across Europe and Canada, has acquired the workshop business of Släp & Kaross AB in Sweden. Släp & Kaross has been operating since 2005, providing top-quality services and repairs to trucks and reefers.
The acquisition of Släp & Kaross brings the total number of workshops in Sweden to five, further establishing TIP's position as a leading provider of trailer leasing and maintenance services in the Nordics. This is a significant opportunity for TIP to expand its network in Sweden.
Announcing the latest acquisition, Christian Petersen, TIP Vice President Nordics, said “We are excited to welcome the new customers to TIP. Acquiring Släp & Kaross is a great opportunity for us to expand our network in the middle and northern parts of Sweden and strengthens our position with the service and repair of trucks and reefers. I would like to extend a warm welcome to Släp & Kaross to the TIP family.”
Per-Anders Blomqvist & Marie Blomqvist owners of Släp & Kaross adds: “We are excited to see Släp & Kaross AB grow and develop as an integrated part of TIPs professional service network, where providing quality service to customers will continue to be our focus.”
The acquisition was completed on May 1st, and Släp & Kaross and TIP are working closely together to ensure a smooth transition.
About TIP Group
TIP Group, a leading equipment service provider in Europe and Canada, is headquartered in Amsterdam, the Netherlands. We specialize in lease and rent of road freight and intermodal transport equipment, services such as maintenance and repair, sale of used equipment, and other value-added services, such as digital solutions. We provide these to transportation and logistics customers from more than 130 locations spread over 18 countries in Europe and Canada. For more information, please visit our website or follow us on LinkedIn.
About Släp & Kaross AB
The truck, trailer and reefer workshop has been in operation since 2005. It is located in Borlänge, north of Stockholm approx. 4 km from Borlänge’s combi terminal, an important transport hub in Sweden.