Kammac acquired by Swedish logistics giant
Logistics firm Kammac – a patron of the Greater Birmingham Transatlantic Chamber of Commerce - has been acquired by Swedish giant Elanders.
In a statement, Kammac said its owner and founder Paul Kammel felt the Elanders group was the best fit to allow the company to continue growing and maintain the success that had been achieved during his 35-plus years at the helm.
As a result of the acquisition, the UK will become Elanders’ fourth largest market.
Elanders operates in more than 20 countries around the world and employs more than 7,000 people.
Ged Carabini, chief operations officer of Kammac, who are headquartered in the North-West of England, said: “It has been an absolute pleasure and such a learning curve over the last six years working with Paul and Sue Kamel, Craig and Laura Olson.
“I would like to extend my thanks to them and take this opportunity to wish them all the very best moving forward.
“I am very proud of the growth journey that we have made and the unique platform that we at Kammac have created in recent years. With the global footprint that Elanders has, we will be able to grow further in the UK by being able to offer Elanders’ current customers our solution.
“I also see great opportunities to develop the current Kammac offering by using Elanders’ proprietary platform for omnichannel solutions.
“I am also convinced that our unique business model will be able to create new business opportunities for Elanders in other markets”.
Magnus Nilsson, president and chief executive of Elanders, said: "I am very impressed by the company that the owner, Paul Kamel, and Ged Carabini, chief operations officer, have developed together.
"They have created a successful company where the business model focuses on offering customers a high level of flexibility for interim storage of their products and components. The company is successful because they have built up a cluster of warehouses close to each other, and this creates both large scale and competitive advantages.
"What Kammac is especially good at is maximising resource utilisation. We look forward to working together developing Kammac's offer in the UK.
“We also see an opportunity to copy their business model in other countries where we operate."