Merger completed between Wilhelmsen and Wallenius

“The boards of Wilh. Wilhelmsen ASA and Wilh. Wilhelmsen Holding ASA are very pleased to announce that we have finally received all the necessary approvals and have completed the merger between Wilh. Wilhelmsen ASA and Wallroll AB, including our jointly owned entities Wallenius Wilhelmsen Logistics, EUKOR Car Carriers, American Roll-on Roll-off Carrier and our vessels,” say the respective chairs, Thomas Wilhelmsen and Diderik Schnitler.
Press release, Published: (Wilh. Wilhelmsen Holding ASA)

The new entity, Wallenius Wilhelmsen Logistics ASA, is listed on the Oslo Stock Exchange, and will start trading under the ticker WWL at the Oslo Stock Exchange 5 April 2017.

“Today marks a historical milestone in our relations with the Kleberg family and Wallenius company. While we are leaving a strong and profitable cooperation behind, we have also established a strong platform for future growth together. 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,” says Jan Eyvin Wang, president and CEO of Wilh. Wilhelmsen ASA.

As of today, Jan-Eyvin Wang and Benedicte Bakke Agerup resign as CEO and CFO respectively of Wilh. Wilhelmsen ASA. Craig Jasienski is the new CEO and Rebekka Glasser Herlofsen the new CFO of Wallenius Wilhelmsen Logistics ASA. Also effective from today, and for a period of two years, is the new board consisting of Håkan Larsson (chair), Thomas Wilhelmsen, Jonas Kleberg, Marianne Lie and Margareta Alestig.

“I would like to wish the new board and management the best of luck in creating and developing the world’s leading, most agile and efficient shipping and logistics platform,” says Wang.

Ms Bakke Agerup will explore opportunities outside the Wilhelmsen group, while Mr Wang will continue to work with the group as responsible for developing parts of the Wilhelmsen group portfolio, namely Treasure ASA, NorSea Group and Wilhelmsen Ship Management.

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IP: 54.198.19.184:49004
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Continent: EU
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