Breakbulk shipping firm Wilh. Wilhelmsen has received necessary approval to complete its merger with Wallroll, forming Wallenius Wilhelmsen Logistics.
The new entity is listed on the Oslo Stock Exchange under the ticker WWL. The merger incorporates the jointly owned entities Wallenius Wilhelmsen Logistics, EUKOR Car Carriers, American Roll-on Roll-off Carrier and its vessels.
“Today marks a historical milestone in our relations with the Kleberg family and Wallenius company … The new company will facilitate an improved growth path for the land-based logistics offer, where we expect investments and development of new products and services, as well as a sound foundation for offering tomorrow’s deep-sea transportation services to global car and ro-ro manufacturers,” said Jan Eyvin Wang, CEO of Wilh. Wilhelmsen.
Craig Jasienski has been named CEO and Rebekka Glasser Herlofsen as CFO of Wallenius Wilhelmsen Logistics ASA.
Photo: Wallenius Wilhelmsen Logistics vessel. Credit: WWL