Subsidiary of UK-based logistics and supply chain specialist Suttons Group, Suttons International (Suttons), is investing in 100 additional 24,000 litre ISO tank containers to help accelerate its global growth strategy.
Supplied by NT Tank, the containers will be delivered into active service for the company’s international customers by late summer of this year.
Earlier this year, Suttons acquired the overseas assets of tank container company VTG Tanktainer GmbH (VTG), launching the company into the list of the top 10 global tank container operators.
“This investment comes hot on the heels of the successful VTG acquisition which completed earlier this year and added 5000 additional tanks to our fleet,” commented John Sutton, CEO, Suttons Transport Group.
“Increasing our fleet size once again demonstrates our intention and capacity to grow in the international market to better serve our existing customers, while doubling down on the expansion the business has made following completion of the VTG acquisition.”
The earlier acquisition saw the family-owned company purchase VTG’s overseas ISO tank containers, personnel, and customer contracts.