Announced
Completed
Synopsis
MCLOGI, a subsidiary of Mitsubishi, and Wallenius Wilhelmsen Solutions, the land-based services division of Norwegian shipping giant Wallenius Wilhelmsen, completed the formation of the MCW Thailand joint venture, an inland finished vehicle logistics manufacturer in Thailand. Financial terms were not disclosed. “I’m excited about this new partnership and what it represents in terms of potential and reach. It will create a strong foundation to cater for further growth in Southeast Asia, and we look forward to working with MCLOGI to serve current and new customers even better in the years to come,” Michael Hynekamp, WW Solutions COO.
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