Target: Kramer Group
Seller: Kramer Group
Advisory sell side: JBR | Financial Advisory
Buyer: QTerminals
Advisory buy side: PWC | Financial Advisory
Date announced: 2023-08-16

QTerminals, a leading player in the global port management and logistics industry, has made a significant move to strengthen its position in the sector through the acquisition of Kramer Group. The acquisition, announced in a joint statement by both companies, marks a pivotal moment in the expansion and diversification of QTerminals' operations.

QTerminals, backed by Qatari Diar Real Estate Investment Company and the Port of Rotterdam, has been steadily growing its international presence. Kramer Group, known for its excellence in container handling and storage, has a strong foothold in European ports like Rotterdam and Amsterdam.

The acquisition of Kramer Group by QTerminals represents a strategic decision to expand its global footprint, enhance its service offerings, and diversify its client base. This move aligns with QTerminals' vision to become a world-leading terminal operator and logistics provider.

The synergies between the two companies are expected to create a robust platform for growth in the container handling and logistics sector. QTerminals brings its operational excellence, financial strength, and extensive network in the Middle East, while Kramer Group contributes its well-established European presence and expertise in container handling.

This acquisition is also poised to have a significant impact on the global maritime and logistics industry. It allows QTerminals to further consolidate its position as a global player in the sector, capable of providing end-to-end solutions to its clients across the world. Moreover, it strengthens the ties between the Qatari and Dutch economies, fostering international collaboration and trade.

Both companies are committed to maintaining and enhancing their commitments to sustainability, digitalization, and innovation, which will likely set new industry standards in environmentally responsible and efficient terminal operations.

Source: Kramer Group