ANNOUNCEMENT – TCR ACQUIRES EMERGE ENGINEERING & MAINTENANCE PTY LTD

TCR is pleased to announce the acquisition of Emerge Engineering & Maintenance, an Australian based airport Ground Support Equipment (GSE) services company. Emerge is the Australian market leader in GSE services, with an operation spanning across 36 airports including 6 workshops at major airports and staffing over 60 employees’ countrywide.

In total, Emerge currently performs GSE services on over 5,400 GSE assets nationally for key ground handling, airline, and general aviation customers. GSE services offered by Emerge include repair and maintenance (R&M), breakdown recovery, GSE spare parts and GSE fleet management

As the world leader in GSE services, this acquisition is viewed as an important step in TCR’s growth in the Asia-Pacific region. Australia is a key market and TCR is hoping to develop close partnerships with local Australian customers and with global TCR customers that are already operating within Australia.

We are proud to welcome the Emerge team into the TCR family. TCR aims to combine Emerges’ solid foundation and market position, with TCR’s global expertise, relationships and resources to provide a bright future for the Australian business moving forward.

Day to day, the Australian business will continue to be managed by the existing executive directors of Emerge, Craig Ward and Martin Oldfield, with the continued focus on delivering added value to customers that has led to Emerges’ growth over recent years. In addition and with TCR’s investment in Emerge, extended services can be offered to further meet our partners’ requirements.

This is a great opportunity for the Emerge team to continue its growth and offering to the Australian market, while joining the global leaders in rental services.

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