Wallenius Sol acquires UK's Mann Lines
Wallenius Sol, a shipping company based in the Bay of Bothnia, has acquired Mann Lines, a British provider of liner Ro-Ro and container vessel services, logistics and forwarding.
“This acquisition, will among other things, result in a larger fleet and an expanded port network stretching from the Baltic countries to northwest Europe,” said Elvir Dzanic, CEO, Wallenius Sol.
"Minimal customer overlap allows Wallenius Sol to add approximately 200 new clients to its existing base of business," said the company in a statement.
“We are thrilled to embark on this journey together, as we unite our expertise and resources," added Bill Binks, former CEO of Mann Lines and new Vice President WS South at Wallenius Sol.
"This collaboration will also increase our ability to service customers with a state-of-the-art fleet. This includes the upcoming delivery of a new Ro-Ro vessel, with a proven efficient design for hull and propulsion, aimed at reducing emissions."