Wallenius Sol Expands Fleet and Network With Acquisition of Mann Lines

In a strategic move to improve its position in the shipping industry, Wallenius Sol, a company based in the Bay of Bothnia, has acquired British shipping provider Mann Lines. 

This acquisition is set to broaden Wallenius Sol’s reach, adding new capabilities and enhancing its service offerings across Europe.

“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 CEO of Wallenius Sol, Elvir Dzanic.

The expanded port network will not only facilitate smoother logistics operations but also improve the efficiency of shipping routes, thereby offering better services to customers.

A statement from Wallenius Sol highlighted that there would be minimal overlap between the existing customer bases of the two companies, stating that: “Minimal customer overlap allows Wallenius Sol to add approximately 200 new clients to its existing base of business”.

This integration of new clients is expected to bring about substantial growth in Wallenius Sol's business operations, strengthening its foothold in the shipping market.

Former CEO of Mann Lines and the newly appointed Vice President WS South at Wallenius Sol, Bill Binks, shared his excitement about the collaboration: “We are thrilled to embark on this journey together, as we unite our expertise and resources.”

In addition to expanding their service network, the acquisition will improve Wallenius Sol’s ability to operate a more environmentally friendly fleet.

“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,” Binks added. 

The move is part of Wallenius Sol's broader strategy to enhance its logistics and forwarding services, as well as its liner Ro-Ro and container vessel services.  The introduction of this new Ro-Ro vessel aligns with Wallenius Sol’s commitment to sustainability, as it aims to reduce the environmental impact of its operations.

The acquisition of Mann Lines, known for its reliable and efficient shipping solutions, complements Wallenius Sol's existing services, creating a seamless transition for customers and partners alike.

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