Thermo King, a manufacturer of transport temperature control solutions for a variety of mobile applications and a brand of Ingersoll Rand, today announced the acquisition of Celtrak. Celtrak is a developer of customized and integrated vehicle tracking and fleet management solutions.
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. Thermo King has partnered with Celtrak since 2005 on its TracKing telematics solutions, a product that is available exclusively through the Thermo King dealer network.
“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. For the last decade we’ve had a successful partnership with Thermo King and we’re proud to be a part of the team,” said Declan McAndrew, chief executive officer of Celtrak.
