KLM Equipment Services BV (KES) will enter into TCR International NV. A crucial factor for this relocation by KLM is that it will allow KES to take development chances, therefore ensuring long-lasting connection. Under the brand-new owner, KES will likewise have the ability to pursue the more electrification of its ground devices. KLM will continue to work together carefully with KES
Amstelveen– WEBWIRE — Friday, February 2, 2024
Under the contract, KLM will end up being a TCR consumer for the upkeep and lease of ground devices, while KES/TCR will be accountable for financial investment in devices.
KES, a wholly-owned KLM subsidiary, manages the upkeep, fleet management and refuelling/recharging of cars and devices needed for ground handling at Schiphol. KES is likewise owner of the ground power systems (GPUs) utilized by airline companies to provide airplane with electrical energy on the ground at Schiphol.
KES utilizes around 100 individuals, who will maintain their existing conditions of work. KESs refuelling activities will be moved to KLM Ground Services, indicating 8 KES staff members will move to KLM.
TCR International NV is a Belgium-based business, which makes yearly earnings of around EUR 250 million and utilizes more than 1,500 individuals. It has an international existence in the GSE market, concentrating on devices upkeep, leasing and pooling services. TCR has a branch in the Netherlands (TCR NL), which currently supplies KLM with upkeep and leasing services. TCR has the ways and scale to purchase the advancement of KES. KLM will stay a KES consumer.
No even more information will be launched relating to the purchase rate.
Picture caption:
From delegated right: Patrice de Hemptinne, General Counsel TCR, Erik de Harder, Director Benelux/Nordics TCR, Erik Swelheim, CFO KLM, Roeland Pompen, Director Holdings M&A KLM, Bruno Vanpoucke, Commercial Director TCR, Tom Bellekens, CEO TCR, Andrea van Sleen, KLM Legal, John de Hollander, VP Finance KLM Ground Services
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