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.
TIP Group acquires the trailer business of EURO-Leasing in Denmark
AMSTERDAM, 1 February 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 trailer business of EURO-Leasing in Denmark. EURO-Leasing has been offering its customers tailor-made rental and service solutions for trucks and trailers since 1997. The company has its headquarters in Germany and is part of Volkswagen Financial Services.
DSV refurbishes rather than replacing 1,100 trailers
AMSTERDAM, Friday 19 January - TIP Group and DSV expand their co-operation by over 1,100 trailers DSV is a leading global transport and logistics company with a strong focus on ensuring responsible business practices everywhere they operate. Every year they transport millions of tonnes of their customers’ freight across the roads of Europe.
The year 2021 marks the 50th anniversary of the successful collaboration between Krone and Tip Trailer Services. In 1971, TIP was one of Krone’s first customers when they started their trailer construction business!
To symbolize the reliability of our partnership, Krone handed over their 1,000,000th chassis number to our TIP Norwegian branch. The official handover of the chassis number millionaire with the special inscription "The 1,000,000th Krone chassis. Congratulations! Celebrating 50 years of partnership" took place in Werlte, Germany.
There is a scarcity of trailers at the moment! Not only in the rental and leasing market, but when it comes to the purchase of new trailers, this has its challenges too. Delivery times of new trailers are on the rise, whilst the demand for trailers is also increasing. Due to this scarcity, we see that asset owners are increasingly looking for opportunities to use older trailers for a longer period of time.
A potential solution to this problem is to get your existing assets refurbished.
Elevate fleet sustainability with cost-effective refurbishment
One simple yet efficient initiative that minimizes the environmental impact of transport and logistics services, is to refurbish and give the trailers a second life, which at the same time gives operators a cost-effective alternative proposition to expensive trailer replacement. In today’s competitive global marketplace, industry is faced with a double-edged dilemma. Firstly, new product supply is scarce, with long lead times currently running into 2024. At the same time, the damaging effects of global warming on the environment are now seriously high on everyone’s agenda.