Hoyer and Odfjell go separate ways

News-in-print

Following a decision by Odfjell to extricate itself from tank container operations, Hoyer has acquired the 50 per cent stake in the Hoyer-Odfjell BV tank operating joint venture that it did not already own. The transaction occurred after disagreements between the two parties over the optimum long-term strategy for the company and brings to an end their five-year relationship.

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