Thermo King acquires Ireland-based Celtrak

Thermo King, a manufacturer of transport temperature control solutions for a variety of mobile applications and a brand of Ingersoll Rand, has acquired Celtrak, a global leader in the development of customized and integrated vehicle tracking and fleet management solutions.

Celtrak, based in Galway, Ireland, provides end-to-end telematics products and services for customers in more than 30 nations 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.”

Telematics is a catalyst to providing greater insight into how equipment performs and enhances customer service. Data that is collected increases the speed of detection of potential issues, provides visibility of refrigerated assets, and delivers crucial information to drivers and fleet owners.

Ingersoll Rand’s family of brands include Thermo King, Club Car, Ingersoll Rand, and Trane. Founded in 1938, Thermo King Corp 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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