Thermo King, a manufacturer of transport temperature control solutions for a variety of mobile applications and a brand of Ingersoll Rand, announced its acquisition of Celtrak, an integrated vehicle tracking and fleet management solutions company.
Based in Galway, Ireland, the company provides end-to-end telematics products and services for customers in more than 30 countries and in 10 different languages. According to the company, Thermo King has partnered with Celtrak since 2005 on its TracKing telematics solutions.
“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.”
“This is a good fit for the Celtrak business and our employees,” said Declan McAndrew, chief executive officer of Celtrak. “For the last decade we’ve had a successful partnership with Thermo King and we’re proud to be a part of the team.”