TCS Trans acquired by Van den Bosch
Published by Sarah Smith,
Van den Bosch has acquired transport company TCS Trans in Barcelona as of 4 October 2021. TCS Trans is a pioneer in intermodal transport in Spain, with a focus on dry bulk for the petrochemical industry.
"Spain is a growth market with a lot of potential. With this acquisition, we are taking the next step in developing our intermodal network in southern Europe," says Rico Daandels, CEO of Van den Bosch.
TCS Trans is an established name in Spain. The company was founded in 1958 by the Castellet San Miguel family and was one of the first Spanish companies to use intermodal transport. Today, TCS’s core activity involves the transport of dry bulk, such as PVC powder and granulate, for the petrochemical industry. The company is also active in the bulk transport of liquids and gases. From its office in Barcelona, Spain, TCS mainly serves the Spanish and Italian markets and invests in the development of the intermodal network. The company owns 50% of Multirail, a leading private rail operator in Spain. It also has a share in the intermodal transport company Combiberia, the Iberian market leader in rail transport.
With the acquisition of TCS Trans, Van den Bosch is committed to further development of the intermodal network in Southern Europe. CEO Rico Daandels: "As a logistics service provider, we have gained a strong position in European logistics. With the acquisition of TCS, we are taking the next step in developing our intermodal network. We have been investing significantly in the Spanish market in recent years, as the demand for intermodal bulk transport is increasing and offers a lot of potential. Thanks to the acquisition, we will now also have a physical presence and will be pooling our strengths. From Barcelona, we will now be offering solutions for both dry and liquid bulk for the food and chemical industry."
Pressurised silo containers
Van den Bosch is acquiring the shares of TCS Trans. The activities will continue under the same name from the present office in Barcelona. The 40 employees will be retained. The fleet, consisting of 30 trucks, over 300 containers, and 100 trailers and chassis, is also part of the transaction. More than two-thirds of the fleet consists of pressurised silo containers for the transport of chemical raw materials which have to be unloaded under pressure. Van den Bosch is one of the European market leaders in this specialism and the acquisition will strengthen its position in southern Europe.
Juan Castellet San Miguel, CEO of TCS Trans, is pleased with the takeover. "It means that our customers will benefit from Van den Bosch's network, capacity, and knowledge. In recent years, Van den Bosch has built up a strong intermodal network on the European market and, in addition to solutions for dry bulk, also offers liquid bulk transport on a large scale. By pooling our strengths, we can now offer our customers a complete bulk transport solution. Our customers will also benefit from the latest possibilities in the field of automation, technology, and data exchange in the supply chain."
Read the article online at: https://www.drybulkmagazine.com/special-reports/14102021/tcs-trans-acquired-by-van-den-bosch/
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