MSC gets approval for Port of Limburg
NewsMSC will acquire a significant share in the Port of Limburg, after receiving approval from the European Competition Authority.
UK-based logistics operator Maritime Group Limited (Maritime) has been acquired by MEDLOG.
Swiss-based, global logistics and supply chain provider, MEDLOG has acquired UK-based logistics provider Maritime Group Limited (Maritime). The acquisition was sealed on September 2, 2024.
Maritime was established in 2001 under the leadership of Executive Chairman, John Williams, and has grown to become an asset-rich business with 41 sites, including a network of rail freight terminals, offering 36 daily rail services. The company has 3,000 personnel across its sites, operates a fleet of 1,600 Euro-6 trucks, and 50+ container handlers. MEDLOG, headquartered in Geneva, Switzerland, forms part of the cargo division of the MSC Group of companies, which also comprises Mediterranean Shipping Company (MSC) and Terminal Investment Limited (TIL).
“We are really pleased to have secured the long-term future of the business as part of an independent, global logistics organisation capable of providing the continued investment to help us with our exciting plans to develop the Company for all our stakeholders. In MEDLOG, we share a common heritage, culture, values and understanding and we look forward to their support in realising the full potential of Maritime and our commitment to our valued employees, customers and suppliers,” Williams said.
“We will continue to develop practical, technology-driven, infrastructure-led, supply chain solutions and setting a high bar for service performance in the UK with new battery electric trucks on order and our rail terminals operating on an open access basis for existing and new customers.”
“We are delighted to be expanding our logistics footprint in the United Kingdom. MEDLOG specialises in intermodal transportation, providing solutions in more than 80 countries. The wealth of knowledge within Maritime, coupled with the investment and expertise from MEDLOG, will power continued innovation into the UK’s logistics infrastructure for the future, in a manner that’s aligned with our values and the respect we hold for the environment,” MEDLOG Chairman, Giuseppe Prudente, said.
Maritime’s current management team, headed by John Williams, will remain with the business and continue to run the company, with new investment support from MEDLOG, under the ‘Maritime’ brand.
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