CSL acquires stake in firm EMS-Tech
Published by Lydia Woellwarth,
Editor
Dry Bulk,
CSL has acquired a strategic minority stake in Canadian engineering firm EMS-Tech Inc., an industry leader in the design and supply of bulk material handling systems. The investment will build on the synergies developed between CSL and EMS-Tech over 25 years and will leverage the companies’ respective strengths in delivering advanced cargo handling solutions.
For over three decades, EMS-Tech has provided innovative solutions to the bulk material handling industry, many of which can be found on self-unloading ships and transhipment assets owned and operated by CSL worldwide.
“We are excited to be working with CSL to advance integrated marine and land-based material handling systems,” said EMS-Tech President and 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,” said Louis Martel, CSL President and CEO.
“This investment is an extension of our confidence in EMS-Tech’s capabilities and growth potential, and a continuation of our commitment to provide our global customers with a full range of safe, sustainable and high-performance services.”
EMS-Tech will continue to be independently managed by its current team of professionals and serve its current and future customers with the same world-class engineering expertise and standards demonstrated over the past 30 years.
Read the article online at: https://www.drybulkmagazine.com/dry-bulk/09122021/csl-acquires-stake-in-firm-ems-tech/
You might also like
Ready to revolutionise the cement industry?
Join our sister publication, World Cement, in Lisbon, 10 – 13 March 2024, for their first in-person conference and exhibition: EnviroTech.
This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.
HES International concludes sale of German DHUG terminal to Stahl Holding Saar
HES International B.V. has concluded the sale of Dillinger Hafen-Umschlagsgesellschaft mbH. (hereafter DHUG) in the port of Saarlouis/ Dillingen in Germany to the German Stahl-Holding-Saar GmbH & Co. KGaA (hereafter SHS).