Executive Briefings

Wallenius Wilhelmsen Logistics Takes Over South African Venture

Wallenius Wilhelmsen Logistics (WWL), a global provider of roll-on/roll-off shipping and vehicle logistics services, has entered into an agreement with its partner company Groupe CAT to acquire the latter's 50-percent share in CAT-WWL, a joint venture of 10 vehicle-processing facilities based in South Africa.

Established in 2006, CAT-WWL South Africa provides finished-vehicle services, storage management and technical tools. Kai Kraass, chief operating officer of WWL, called the acquisition "strategically important," and said the company will continue to expand its land-based operations in support of vehicle manufacturers in the South African market and around the world. In 2015, WWL serviced more than 6.3 million cars and heavy machinery at its 62 vehicle and equipment-processing facilities worldwide.

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Established in 2006, CAT-WWL South Africa provides finished-vehicle services, storage management and technical tools. Kai Kraass, chief operating officer of WWL, called the acquisition "strategically important," and said the company will continue to expand its land-based operations in support of vehicle manufacturers in the South African market and around the world. In 2015, WWL serviced more than 6.3 million cars and heavy machinery at its 62 vehicle and equipment-processing facilities worldwide.

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