Cavotec Middle East FZE, the leading supplier of environment-friendly power solutions, has strengthened its resolve to meet the exacting demands of its customers in the Ports, Maritime and Airport sectors, by acquiring the US-based Dabico Group, the global leader in the manufacture of airport ground support equipment. The Cavotec MSL Holdings Ltd., the parent company of Cavotec Middle East FZE and the leaders in the design and installation of environment-friendly power solutions, inked the synergy deal recently and the acquisition has been in effect since April 23, 2008. With Dubai and Abu Dhabi airports having emerged as the world's finest and ultra modern passenger and freight platforms, Cavotec will now have an even greater commitment to quality and efficient service in the region. Thomas Widegren, executive chairman of Cavotec Middle East, said: “I feel that the acquisition of the Dabico adds more value to our operations. We care for the Middle East, and while developing new technical solutions, we focus on technologies that sustain the core environmental values. And the acquisition of Dabico is a right step in that direction.” “What happens now is that the move will synergize the operations of the Cavotec Middle East. We will be able to enhance Cavotec Fladung's existing range by adding Dabico's fuel systems. That will put us in a unique position to offer our customers a full complement of electrical, air, water and fuel in-ground and above-ground airport supply systems. These synergies will significantly enhance our combined presence in the worldwide market and provide new opportunities for all of our airports activities,” he added. Jurgen Strommer, managing director, Cavotec Middle East, said: “This synergy will make us serve the ever growing demands of the international airports in the region, and the Dubai Airport in particular. Now our combined solutions will be an irresistible offer for anyone who sets store by exacting standards of safety and quality.” “It is a great opportunity for us. And we are determined to fulfil our responsibility towards the amazing growth of the Middle East,” he added. __
