Thermo King has announced the acquisition of long-time telematics partner Celtrak from Ireland.
Thermo King announced that it had partnered with Galway-based Celtrak since 2005 on its TracKing telematics solutions, and now acquired the business.
“This is a strategic acquisition that further accelerates the advancement of Thermo King’s Intelligent Services strategy,” said Ray Pittard, President of Thermo King.
“Through our decade-long partnership, we’ve successfully elevated our telematics platform to enable data-driven services that help lower our customer’s operating costs, offer traceability and enhance our products and services portfolio,” said Pittard.
“This is a good fit for the Celtrak business and our employees. For the last decade we’ve had a successful partnership with Thermo King and we’re proud to be a part of the team,” said Declan McAndrew, Chief Executive Officer of Celtrak.