Thermo King Purchases Telematics Provider
MINNEAPOLIS, MN – A manufacturer of transport temperature control systems for trucking and a variety of other applications has purchased a developer of customized and integrated vehicle tracking and fleet management systems.
The move by Ingersoll Rand’s Thermo King Corp. to acquire Ireland’s Celtrak comes as the two have partnered with since 2005 on its TracKing telematics system that is available exclusively through the Thermo King dealer network.
According to Thermo King, Celtrak provides end-to-end telematics products and services for customers in more than 30 countries and in 10 different languages.
“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.”
Thermo King manufactures transport temperature control systems for a variety of mobile applications, including trailers, truck bodies, buses, shipboard containers and railway cars.
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