Investment in container storage solutions

Kirk Kapital acquires 30% of TITAN Containers A/S. TITAN is a global container storage solutions provider, with a market leading position within refrigerated container storage.

TITAN is a global container storage solutions provider, with offices in 17 countries, and services its many customers from more than 100 depots globally. In connection with the transaction, Kirk Kapital invest around DKK 140 million to support the continued growth in the rental fleet and global operations in TITAN. The transaction values TITAN at more than DKK 1 billion.

CEO of Kirk Kapital, Kim Gulstad, is excited about the opportunity to invest in TITAN. “We are truly impressed by TITAN’s journey. From a single container sold out of Layland Barker’s garage in 1987 to a global leader within the refrigerated container storage market.”

Today, TITAN has a fleet of more than 30,000 containers and TITAN’s revenue is expected to be around DKK 520 million in 2019. TITAN has consistently over the last many years achieved two-digit growth rates in its container fleet.

Layland Barker, founder and CEO of TITAN retains the ownership of the remaining 70% of the shares in TITAN following the transaction. “Having Kirk Kapital as a TITAN shareholder is a quality stamp to our business.”

Kirk Kapital is an active minority investor looking to actively support the companies it invests in.

About TITAN

TITAN is a global container storage solutions provider. TITAN operates five brands catering for different customer needs; TITAN Containers, ArcticStore, Self-storage, Offshore and 4People.