Wallenius Wilhelmsen has taken over the remaining shares in UK-based ALS.
ALS specialises in logistics for oversized, abnormal and heavy lift cargo shipments and Wallenius Wilhelmsen acquired 60 percent of the company back in 2012. Michael Hynekamp, chief operating officer logistics at Wallenius Wilhelmsen, said: “This decision is well founded. We have been in a partnership with ALS for 10 years already. During the past decade, we have seen first-hand how ALS delivers premium services to customers. We have a good understanding of how we can operate together ‘as one’ and realise our synergies. We see great benefits not only for our customers, but also for employees and both our businesses.”
ALS will continue to operate under its own brand as a Wallenius Wilhelmsen company. René Van De Vin will remain the managing director. He said: “By joining forces, we will capitalise both on the decades of experience with specialised abnormal cargo logistics and the global reach and network of Wallenius Wilhelmsen. The key is to optimise the customers’ experience across breakbulk, high and heavy and the auto cargo segments and enhance joint product delivery.”
With the full acquisition of ALS, Wallenius Wilhelmsen builds a strong, asset-light capability to expand and complement its asset-based services.