Wallenius Wilhelmsen: Update on the sale of MIRRAT - ACCC approval
Wallenius Wilhelmsen refers to the stock exchange notice published May 27, 2024,
announcing the sale of Melbourne International RoRo & Auto Terminal Pty Ltd
(MIRRAT) to Australian Amalgamated Terminals Pty Ltd, a wholly owned subsidiary
of Qube Holdings Limited.
Wallenius Wilhelmsen welcomes the Australian Competition and Consumer
Commission's (ACCC) approval of the transaction.
"MIRRAT has been a commercial and financial success, and the transaction
demonstrates the value created in our logistics business." said Lasse
Kristoffersen, President and CEO at Wallenius Wilhelmsen.
As previously stated, Wallenius Wilhelmsen remains firm in its commitment to
Australia as a critical market for shipping and logistics customers and is
continuously looking for opportunities to expand its global integrated logistics
offering. Wallenius Wilhelmsen will continue to utilize MIRRAT following the
transaction, ensuring services to its customers.
The sale price is AUD 332.5 million (subject to completion adjustments). Closing
of the transaction is expected on May 1, 2025.
Contacts:
Investors:
Anders Redigh Karlsen, VP Global IR & Market Insight
Tel: +47 994 20 293
Email: anders.karlsen@walwil.com
Media:
Anette Maltun Koefoed, SVP & Chief Communications and Marketing Officer
Tel: +47 97587999
Email: anette.maltunkoefoed@walwil.com