Posted on April 6, 2022
TMEIC Corporation Americas, a subsidiary of Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC), has completed the acquisition of the Ports and Terminals Division of Orbita Ingeniería, S.L. (Orbita) through its wholly owned subsidiary, TMEIC Port Technologies, S.L.
TMEIC has a large footprint in crane controls and automation. It has supplied systems for ASCs in the USA, Europe, the middle east and China, mainly installed on Konecranes and ZPMC cranes. TMEIC has a particularly strong presence in the US East Coast market, where it supplies drives and controls for STS cranes at terminals including Virginia, Savannah, Charleston, Virginia and Port Everglades.
Orbita’s Ports and Terminals Division focuses on process automation, including gate automation for gates (truck and rail) and crane OCR. Orbita is headquartered in Valencia, Spain. Process automation and crane automation systems are typically integrated, so there are good synergies between both companies.
“TMEIC’s acquisition of Orbita’s Ports and Terminals Division will allow it to expand its offerings to new and existing ports and terminals customers in the form of industry-leading and time-tested OCR capabilities as well an expanded menu of automation options. Further, the existing Ports and Terminals Division will be afforded expanded opportunities for growth and advancement with the financial support, technical backing and market reach that TMEIC has to offer,” TMEIC said in a statement.
“It is my pleasure to announce that Orbita’s expertise is now available to TMEIC,” said Manmeet S. Bhatia, President and CEO of TMEIC Corporation Americas. “Orbita has an international reputation for on-time, on-budget delivery of sophisticated port control projects. This acquisition will allow the new business to leverage the TMEIC Group’s global footprint.”
“We were looking for an industry leader that provides the necessary support and enthusiasm for our growing business but also a company culture aligned with our values”, said Francisco J. Grau Cavanillas, Managing Director of the Ports & Terminals Division at Orbita Ingeniería, S.L. “In TMEIC, we have found a great partner that will bring Orbita new capacities. Our clients will benefit from the commercial, technological and financial strength of a world-class company without losing our closeness and service-oriented identity.”
“Orbita’s expertise and experience enhances our Port Automation offering,” said Declan Daly, Vice President of Industrial Systems at TMEIC Corporation Americas. “Together, we can provide a more complete portfolio of both automated gate and yard systems as well as enhanced automated crane solutions, bringing TMEIC closer to providing an integrated solution of IT and OT systems for container terminal automation.”