After the successful integration of both business, Oliver Bange will lead them in the future.
TIP Trailer Services, a portfolio company of I Squared Capital and one of the leading trailer leasing, rental, maintenance and repair providers across Europe and Canada appoints Oliver Bange as Vice President and Managing Director for TIP and PEMA GmbH Central Europe business.
Oliver has successfully been leading the Central and Eastern Europe region for TIP Trailer Services since 2015. The region consists of Germany, Austria, Switzerland, Poland, Czech Republic and Romania. In 2019, TIP acquired the PEMA GmbH, one of Europe’s leading commercial vehicle leasing and rental companies. TIP and PEMA together hold a diversified fleet of around 25,000 units of premium truck and trailer brands in this region. PEMA operates 14 locations throughout Central Europe including four in-house workshops. “After one year of transition and integration, I am proud to be taking the leadership for TIP and PEMA in the Central Region. I am looking forward to work even closer with the talented people of PEMA and lead both, TIP and PEMA to a bright future. I believe, we are stronger together.” (Oliver Bange).
Oliver has more than 25 years commercial and general management experience in the European transport and logistics industry and before re-joining TIP in 2015 has worked as Director for DKV Euroservice and GE Capital. Bob Fast, President and CEO of TIP, said: “Oliver has the right capabilities to lead the unified TIP and PEMA teams and his leadership will benefit employees, customers and partners in the region. The strengths of both businesses combined as well as a Oliver’s leadership will enable the growth objectives in line with our strategy.” (Bob Fast, CEO and President of TIP Trailer Services).
Oliver was born in Munich in 1972, holds a MBA in Finance and Economics and is married with two children. He will be frequently in both, the TIP Central European headquarter in Hamburg as well as in the PEMA headquarters in Herzberg, Germany.
Oliver will add to his current responsibilities the PEMA CEO responsibilities, which he will be taking over from Peter Ström. Peter will be leaving the business on November 30th, 2020. “I am glad I can hand over the reins to Oliver. We have worked extremely closely together in the transition and integration year and I respect Oliver for his business knowledge. Oliver has been strongly engaged with the PEMA team over the last months and I am glad knowing that the great teams are in good hands.” (Peter Ström, CEO of Volvo Trucks Germany from December 1st 2020).