CARU Containers, who claim to be the world's largest independent supplier of new and used containers, has acquired rivals ECB Group and CCA. ECB is a regular supplier to the moving industry.
The acquisition follows the ongoing consolidation in the container market, resulting in the emergence of a small number of large international companies dominating the market. As a Dutch industry player, CARU Containers is confident it will be able to further expand its position.
Rob Tromp, Managing Director of CARU Containers said, “Our company's sound financial position offers room for new acquisitions, of which ECB Group and CCA are prime examples. I have known both companies for 30 years and greatly respect them.”
Aad Strörmann, Managing Director of ECB Group and Maarten van den Berg, Managing Director of CCA, will take up positions on the Dutch organisation’s management Board. The two companies will continue to operate under their own names for the time being, ensuring that existing customers can continue to enjoy the level of service they have come to expect.
CARU Containers was formed in 2000 following the merger of three Rotterdam-based companies, CATU Rotterdam, Trade Craft, and Lease Craft. The company had a turnover of more than €120m in 2015 and expects to generate more than €150m as a result of these acquisitions and further autonomous growth.