Wilh Wilhelmsen and Wallenius Lines have brought their long-standing partnership to a new level as they revealed plans to create a new joint venture.
The two car carrier owners have signed a letter of intent to merge their ownership in the jointly controlled Wallenius Wilhelmsen Logistics, EUKOR Car Carriers and American Roll-on Roll-off Carrier.
From this transaction, a new entity Wallenius Wilhelmsen Logistics will be formed, in which Wilh Wilhelmsen and Wallenius Lines plan to hold a 40% stake each.
Jan