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PRESS RELEASE

Gothenburg, Sweden, 27th of June 2017

Tankclean Sweden acquires tank container workshop and terminal from Lundby Container Service LCS AB

The Boards of Directors of Tankclean Sweden AB and Lundby Container Service LCS AB have today announced that, as per the 1st of July, Tankclean Sweden has acquired the tank container division including workshop and terminal handling, from Lundby Container Service.

Tankclean have expanded its One-Stop-Shop concept massively in the recent years to facilitate customer demand and request, and with this new acquisition a fully equipped workshop with highly experienced staff will be ready to serve all existing or new clients.

All staff from Lundby Container Service related to tank containers has been offered and accepted to join Tankclean in its expansion.

“We are very happy that we today can announce this acquisition between Lundby Container Service and Tankclean. This is something that will refine the container business in Gothenburg. With all tank related services “under one roof” this will be something that will gain the tank customers in Sweden. Lundby Container Service has the largest external container depot in Scandinavia and with this transaction will we focus our operations as a depot for standard dry containers. We are also in a phase with rapid grow in the container trading business and as one of the leading container traders in Scandinavia will we put extra effort to develop this part of the company.” said Oscar Skogsén, Managing Director of Lundby Container Service LCS AB

”We have for a long time wanted to expand further into the workshop area and have had a good contact with neighbouring Lundby Container Service ever since we built our new Gothenburg facility just next to them. It is with pride and high hopes for the future that we now can offer our clients a true full service for their equipment,” said Thomas Nordbeck, Managing Director of Tankclean Sweden AB

About Tankclean Sweden

Tankclean Sweden is, with five full-service facilities in Sweden, the largest company in the Nordics within the tank cleaning industry, where we for our customers perform bulk unit cleanings, workshop works, terminal handling, heatings and other customer specific requests. All facilities are audited by the SP Technical Research Institute of Sweden for SQAS in accordance with the CEFIC guidelines, and by EFTCO approved issuers of ECD documents.

About Lundby Container Service LCS AB

Lundby Container Service is, with the largest external container depot in Scandinavia, the leading container depot and container trader in Sweden. With our size and experienced staff, we provide our customers with a first-class service in surveying, repairing and rebuilding of all types of standard containers for both depot and trading customers. Lundby Container Service is certified according to ISOs environmental and quality standard 9001:2008 and 14001:2004.

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