Deal Boosts Oslo-Based Carrier’s Asset-Light Capability
Wallenius Wilhelmsen has acquired full control of project cargo specialist Abnormal Load Services, boosting its asset-light capability in Europe, the Middle East and Africa.
In a statement, the Oslo-headquartered carrier said the deal was an important step towards it becoming a “true global end-to-end logistics service provider” for customers.
Wallenius Wilhelmsen, which acquired 60 percent of ALS ten years ago, boasts a fleet of more than 130 vessels operating 15 trade routes across six continents.
“During the past decade, we have seen firsthand how ALS delivers premium services to customers,” said Michael Hynekamp, COO Logistics at Wallenius Wilhelmsen. “We have a good understanding of how we can operate together “as one” and realize synergies.
ALS, with its 14 offices in the EMEA region, has been active in the transport of abnormal and oversized cargo for more than four decades.
The heavy-lift company will continue to operate under its own brand, with Rene Van De Vin to remain as managing director.
“By joining forces, we will capitalize both on the decades of experience with specialized abnormal cargo logistics and the global reach and network of Wallenius Wilhelmsen,” Van De Vin said.
“The key is to optimize the customers’ experience across breakbulk, high and heavy and the auto cargo segments and enhance joint product delivery across the supply chain."
Wallenius Wilhelmsen and ALS will be exhibiting at Breakbulk Europe 2022, taking place on 17-19 May at the Rotterdam Ahoy Convention Centre.
