世界をリードする大手ストレージ企業が新たな CEO と CFO を任命

TITAN Container Group, the world’s largest privately held containerized storage company, has appointed a new CEO and CFO to replace longtime founder Layland Barker.

The Danish company will be led by CEO Søren Skov Mogensen and CFO Søren Søgaard Suhr. TITAN’s founder and longtime CEO, Layland Barker, will assume the role of Chairman.

New Chairman Layland Barker commented:

“My years with TITAN Container Group span nearly 40 years and are a big part of my life, and I am proud of the achievements we have made around the world.

Now is the time to hand the leadership over to a new, dynamic and talented individual, and I couldn’t be more pleased to welcome such a strong talent to our company.”

What is TITAN Containers?

TITAN Containers Group has been acquiring and renting storage containers all over the world since it was founded in 1987. Today, TITAN has a fleet of over 50,000 containers that are used for everything from refrigerating food and pharmaceuticals to providing new storage space for businesses and individuals in the UK and beyond .

TITAN containers have also contributed to major sporting events such as the World Cup and the Olympics, and were even used as training facilities for Antarctic runners attempting to break the Guinness World Record .

Kirk Kapital acquired 30% of TITAN in 2019 , and growth accelerated during the pandemic, when demand for our products increased significantly. Growth is set to continue, and new CEO Mogensen and new CFO Suhr intend to keep it going.

Of course, the new Chairman, Barker, is still there to support the company. He was named PwC’s Owner-Manager of the Year in Denmark for 2022 and provides advice on all fronts.

Introducing Søren Mogensen, TITAN’s new CEO

Newly appointed CEO Søren Mogensen ‘s background includes training in the Danish military, work at McKinsey & Company and Danske Bank , and most recently driving business expansion at EQT Corporation Banking Circle Group .

Mogensen’s years of experience in recruiting top talent, growing commercial businesses and building strong employer brands will enable him to immediately contribute to his new role at TITAN.

“I am honoured to take on the role of CEO, following Layland Barker’s successful global track record. The company is well positioned for continued growth and has several areas of the business that, if managed well, have great potential to benefit over the next few years.

“US$150 million in revenue is certainly within reach. This is a credit to John and the entire organization. Now it’s up to us, as a new leadership team, to work with John to accelerate our operational, commercial and digital strategies on a global scale.”

Introducing TITAN’s new CFO, Søren Søgaard Suhr

Søren Søgaard Suhr has been with Welltec for 11 years, most recently as CFO, where he gained experience in building a strong international company culture and will now bring that experience to TITAN Containers Group.

During his time at global company Welltec, Suhr gained skills in business partnering, financial planning, performance management, networking capital optimization, and international equities, all of which will be useful in the growth of TITAN and its finance department.

“I’ve been with Welltec for almost 11 years, the last five as CFO. Now, after all those years, I begin a new chapter in my life. It’s been a true privilege to work for a company with such a great culture and wonderful colleagues. I’m grateful and thankful for the fulfilling experiences I’ve had in so many different roles over the past 11 years.

We were pleased to announce our best quarterly results in the company’s history in our November Q3 2022 release, followed by our best full-year results ever in our March 2023 release.

Now the next chapter in my career begins , ” said new CFO Søren Søgaard Suhr .

TITAN’s next steps for the future

Demand for storage has never been higher. One of the main drivers of TITAN’s growth is the increasing demand for refrigerated storage , which is partly driven by climate change but is something TITAN aims to continue delivering on. In fact, the sector is expected to grow at 13% annually by 2030, reaching GBP 230 billion.

Other key drivers include the growth of the world’s population and the urbanization of society. Urban space is becoming both lavish and essential . This is driving more people to seek alternative storage solutions outside of busy urban areas. This growth will be a priority for Suhr and Mogensen in the coming years.

Additionally, the COVID-19 pandemic has highlighted the importance for businesses to have robust and scalable supply chains using modern technology solutions, so delivering on-demand to businesses of all sizes will be a priority for the next decade and beyond.

In 2019, Kirk Kapital joined as a minority shareholder. Since then, to support TITAN’s growth and facilitate geographic expansion (e.g., Asia Pacific and the Americas), the company has supported investments in the latest technology, digitalization, marketing, and sustainability.

It won’t be an easy road, but the future looks bright for Suhr, Mogensen, and the growing TITAN team as they continue to explore strategies for innovative solutions. We look forward to seeing the results.

Learn more about TITAN Containers Group

TITAN Containers Group was founded in Taastup, Denmark in 1987 by Layland Barker and has since grown to become one of the world’s largest privately owned containerized storage companies .

TITAN storage allows businesses and individuals to store anything, anywhere, flexibly, securely and reliably .

TITAN currently operates in 90 countries worldwide, offering a variety of storage solutions under six different brands. This includes self-storage , dry storage, and temperature-controlled containers with remote monitoring and control between -75°C and 85°C . Our award-winning solutions serve a wide range of industries, including pharmaceuticals, food, and renewable energy. Our customers include Tesco, Vestas, and Sonoco, as well as small and medium-sized private companies and individual customers, serving thousands of customers worldwide.

With over 300 container deployments across Europe, America and Asia ( over 30 of which are in the UK ) and a total fleet of over 50,000 containers , TITAN has built a platform for innovative, market-leading Storage as a Service solutions.

Over the years, TITAN has set the standard in the storage industry and has continuously expanded its global presence while maintaining its core values ​​and culture. We are soon celebrating 40 years of providing “safe storage” and look forward to continuing to grow with TITAN’s solutions.

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