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Kalmar Industries has signed long-term contracts with Wallhamn AB, Sweden largest private port, for the financing, insurance, leasing and maintenance of two reachstackers, one 33-tonne fork-lift truck, one 25-tonne fork-lift truck, four terminal tractors and four 8-tonne fork-lift trucks, as well as a number of smaller Linde trucks.

The deal represents an expansion of the collaboration between Wallhamn and Kalmar that first started in 1999.

Car imports from Hyundai/Kia in South Korea represent the bulk of Wallhamn AB handling activities. According to Henrik Sundin, CEO of Wallhamn AB, operational leasing is very common in the automobile industry and makes good business sense for his company:

This extended leasing contract provides us with budgetable expenses and consequently full control of our costs throughout the entire contract period. It represents the best possible value for our operations and allows us to concentrate on our core handling business.

Every week we act as the gateway for Hyundai and Kia automobiles destined for the Swedish, Norwegian and – as of February 2007 – Danish markets, so it is imperative that we have a fleet of equipment that is not only cost-effective but also highly reliable.

According to Svante Alverönn, Sales Manager at Kalmar Sverige, trust is a key component in the success of such contracts.

It all comes down to a question of trust between the customer and supplier and it is my view that the collaboration with Wallhamn has functioned impeccably during the past 15 years.

Scandinavia is one of the most advanced regions in Europe in the field of complete leasing packages. There are examples where Kalmar is even responsible for employing the personnel who maintain the machines on the customer premises.

Since August 2005, Wallhamn AB has been the only Swedish port to be 100 percent privately owned. A joint holding between Grimaldi Compagnia di Navigazione SpA, Grimaldi Maritime Agencies Sweden AB, Eukor Car Carriers Inc and Sweden Transport & Logistics Holding AB, it is also the only Swedish port to be owned by shipping lines.
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Press information can be found on Kalmar's website: Simply click on News Room to be taken to a list of recent press releases. Photographs to accompany this release are also available on the Kalmar website, by clicking on Press Pictures.

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Wallhamn AB is leasing a number of trucks of various sizes from Kalmar under a comprehensive agreement that also includes service, maintenance, financing and insurance.

Kalmar is a global provider of container and heavy duty materials handling equipment, automation applications and related services. It is the world leading supplier of cargo handling equipment to ports, terminals and intermodal facilities. Every fourth container or trailer transfer at terminals around the world is handled by a Kalmar machine. The company also supplies a wide range of machines to demanding industrial customers for applications as diverse as handling steel and paper to shunting road trailers at distribution hubs.

Kalmar is also leading the way in port automation with its application of unmanned container handling technology, on-board smart features and remote maintenance products, developed in co-operation with customers and partners.

Kalmar product range is complemented by a large range of value added services such as maintenance contracts and fleet management.

Production plants are situated in Sweden, Finland, the Netherlands, Malaysia, China and the USA.

Kalmar net sales were EUR 1,147 million in 2005.

Kalmar is part of Cargotec Corporation, the world leading provider of cargo handling solutions, which are used in local transportation, terminals, ports, distribution centers, and ships. In 2005 Cargotec net sales exceeded EUR 2.3 billion. Cargotec class B shares are listed on the Helsinki Stock Exchange.
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