Wilhelmsen Ships Service acquires Eurokor Logistics
Wilhelmsen Ships Service has signed a definitive agreement to acquire Eurokor Logistics, a ships agency, logistics and forwarding company based in The Netherlands and Belgium. This acquisition will further strengthen Wilhelmsen Ships Service's logistics and agency operations in Central Europe, specifically by adding freight forwarding and barging to the customer offer in this area. The deal is set to close by 1 April.
"Acquiring Eurokor Logistics is another step towards fulfilling our growth ambitions", says Bård Bjørløw, VP Europe at Wilhelmsen Ships Service. "As a customer focused company, we are continuously adjusting our organisation to meet our customers' needs. The Netherlands and Belgium are strategic key locations for our customers and Eurokor Logistics will be a valuable addition to our logistics expertise in this market."
Eurokor Logistics provides ships agency services, freight forwarding and barging, focusing on drybulk, wet bulk, breakbulk and project cargo customers. Eurokor Barging is a subsidiary of Eurokor Logistics offering barging solutions targeted towards the inland transport of bulk cargo. Eurokor Barging covers barge transports to and from all European inland barge origins and destinations including the Rhine, Moselle, Neckar, Main and Danube. Eurokor Logistics, including Eurokor Barging, is an operation with 25 employees located in The Netherlands (Ridderkerk) and in Belgium (Antwerp). The Managing Directors of Eurokor Logistics, Piet Kok and Stan Claes comment, "We are pleased to now join forces with Wilhelmsen Ships Service. We believe this is a great opportunity for our organisation, and it will enable us to offer a wider range of services to our customers".
Wilhelmsen Ships Service already offers ships agency services in The Netherlands and Belgium, but with the addition of Eurokor Logistics the company will now have the ability to offer customers a complete value chain from port to site. Bård Bjørløw adds, "In order to be the preferred partner of our customers we always need to look out for ways to develop further the offers we bring to the market. Strengthening our ships agency and maritime logistics offers is a key driver in our growth strategy moving forward. Eurokor Logistics and its competent team will, without doubt, strengthen our ability to improve operational efficiency to our existing and future customers."