Company Overview
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Greencarrier establishes strong UK foothold with acquisition of PTS

Greencarrier has now established a permanent presence in the UK with the acquisition of PTS UK Ltd. The agreement was signed on 12 April, 2011 and the acquisition was completed in the end of June.

PTS UK Ltd, which is to be renamed Greencarrier PTS Ltd in due course, has its headquarters within the Ipswich Dock area, just 12 miles (20km) from the UK's leading container port, Felixstowe.

Greencarrier has been working with PTS as its UK partner for five years and an excellent relationship has been developed with its management team, all of whom will be retained.

PTS managing director Robert Gaunt is looking forward to working as part of a larger company: "Greencarrier will provide us with access to greater management resources and expertise, and of course to a much bigger market, notably in the Nordic countries and the Baltic states. The UK, with its population of over 60 million, has a substantial trade with these countries and we expect our share of it to grow rapidly over the next few years."

According to Peter Nevhagen, CEO of Greencarrier International, PTS is a major acquisition as it is increasing the Greencarrier workforce by almost 14%. "Greencarrier already had 300 employees working in 26 offices in nine countries and now we are adding another two offices in the UK, in Ipswich and Immingham, where PTS has about 40 employees in total."

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