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Wallenius Wilhelmsen becomes abnormal
Photo: Wallenius Wilhelmsen
After an initial investment in 2012 and a partnership of twelve years, Wallenius Wilhelmsen has now acquired all of ALS, a non-asset specialised logistics provider in the market for oversized, abnormal, exceptional and heavylift shipments. The price of the transaction was not disclosed. “This decision is well founded,” said Michael Hynekamp, COO for logistics at Wallenius Wilhelmsen (WW).
WW acquired 60% of ALS’ shares in 2012. ALS will continue to operate under its own brand name as a Wallenius Wilhelmsen company, and René Van De Vin, its current managing director, continue at its head. ALS will be in charge of sourcing asset-light services for WW’s customers, especially in the Emea region. (sh)