ShippingWatch

Wilh. Wilhelmsen on the lookout for acquisitions in logistics

"Many treat us like a traditional shipping company. But we are not in the industry to buy and sell ships," said CEO Thomas Wilhelmsen at the Group’s Capital Markets Day.

Photo: Presse

Norwegian Wilh. Wilhelmsen, which together with its Swedish partner Wallenius controls 23 percent of the world's fleet for the transport of cars, is on the hunt for investment possibilities within logistics. Wilhelmsen has no plans of further growth in the car transport segment.

"We have looked, and are looking, for buying and investment opportunities within logisitics. We have taken on several already and will take on more in the future. You can find very interesting growth opportunities there,” said Wilhelmsens Group CEO Thomas Wilhelmsen in connection with the Group's Capital Markets Day. This is according to Norwegian daily Dagens Næringsliv.

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