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Sohmen-Pao offers the financial strength that Lauritzen Kosan needs

The sale of Lauritzen Kosan has been a long time coming, Lauritzen Foundation CEO Tommy Thomsen tells ShippingWatch. With the Sohmen-Pao family's BW Group as new majority owner, the shipping company gets completely new financial opportunities than is the case today.
Photo: PR/Lauritzen Fonden
Photo: PR/Lauritzen Fonden
by TOMAS KRISTIANSEN

The sale of Lauritzen Foundation's gas shipping company, Lauritzen Kosan, has been a long time coming. It is not, as it might otherwise look from the outside, one of three quick LPG acquisitions that the Sohmen-Pao dominated BW Group, in a somewhat remarkable move, announced just before Christmas.

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