Norwegian firm's self-unloader business
The CSL Group and Kristian Jebsens Rederi AS (KJR) have announced the acquisition by CSL of the assets and associated contracts of the Norway-based firm's belted self-unloader business. Financial details of the transaction announced March 23 were not disclosed.
CSL intends to manage the belted self-unloader business through a new subsidiary, CSL Europe, which will be based in the United Kingdom and Bergen, Norway.
"Jebsens is a famous name in world shipping and Atle Jebsen was a pioneer in building up a self-unloading business in Europe," said Rod Jones, President and CEO of CSL Group Inc. in Montreal. "CSL will bring its own brand of self-unloader operating prowess and customer service to this new venture, and we are confident that CSL Europe will become a reliable and flexible industrial shipping partner for European industry."
Three key commercial employees from KJR, including Helge Sandvik, are joining CSL. Jeffrey Barnes of CSL International has been appointed the Managing Director and will relocate to the UK this summer.
The CSL Group is the world's biggest owner and operator of self-unloaders, with extensive operations in North and South America and Australasia.