Neville Bissett (QTerminals) and André Kramer (Kramer)Qatar’s QTerminals Group has agreed to buy a majority stake in Kramer Group, giving it access to the largest port in Europe.
Kramer Group, a provider of integrated logistics and container services in the Port of Rotterdam, is the only independent terminal in the Maasvlakte area and one of the few multi-user depot terminals in the port.
QTerminals chief executive Neville Bissett says: “Kramer Group is an important strategic step for QTerminals as we will expand our presence into Europe’s largest port.
“Kramer Group complements QTerminals and adds existing business, a robust value-creating service offering and European network to QTerminals portfolio.”
QTerminals Group is 51% owned by Qatar Ports Management Company QCSC (Mwani Qatar) and 49% owned by Qatar Navigation QPSC (Milaha).
Bissett says Kramer’s key management personnel and employees will be retained by QTerminals, including André Kramer, who will continue as chief executive officer.
Kramer says: “I’m very excited about this significant milestone in the journey of our family business which started 60 years ago by my father.
“Today we mark the beginning of a new chapter joining forces with QTerminals. I believe that their expertise, resources and industry insights will enable us to expand our horizons and explore untapped opportunities whilst maintaining our culture, organisation, core team and our commitment to delivering the superior quality services to our clients in almost all aspects of container logistics.”