Wilhelmsen revealed it has actually participated in a contract with Seven Seas to get 100% of its shares in freight hold cleansing subsidiary Stromme.
Wilhelmsen will certainly get the business in Norway from moms and dad Seven Seas consisting of procedures in Germany as well as Singapore, as Stromme will certainly move every one of its individuals, organization as well as possessions right intoWilhelmsen Ships Service Stromme will certainly preserve its brand name as well as run as a completely possessed subsidiary ofShips Service
Completion of the purchase undergoes fixed problems as well as is anticipated to occur in the 3rd quarter of 2022.
Wilhelmsen stated it will certainly remain to spend as well as improve both it’s present as well as future freight hold cleansing organization, providing both existing as well as future clients also much better remedies for their freight holds.
“We want to strengthen and broaden our offering to customers, making Stromme a really good match within cargo hold cleaning, so we are really looking forward to completing this transaction,” stated Kjell Andr é Engen, head of state of Wilhelmsen Ships Service.
“At Seven Seas we decided to divest Stromme as it was not core business and we chose Wilhelmsen Ships Service as the best possible owner for the business to continue its positive path,” stated Søren Nørgård, chief executive officer as well as chairman of Seven Seas.
“Stromme has been focusing on cargo hold cleaning only, we have a good concept and have decided to stick to it. Coming from a small and agile organization, we have had the opportunity to take fast decisions and to rapidly change to key customers’ requirements and put focus where needed. It has resulted in steady and nice growth in revenue and results over the previous years. I see benefits of being a part of WSS with expertise, knowledge, and experience within our segment. The opportunity of utilizing the strengths of both organizations will benefit our customers and partners. We will continue to have a strong customer focus and high service level, it’s a people industry after all,” stated Ane Fosseng, Stromme basic supervisor.