Mitsui O.S.K. Lines (MOL) announced that, following regulatory approval under competition law, it acquired a 72% stake in Gearbulk Holding AG on 20 January 2025.
This acquisition transitions Gearbulk from an equity-method affiliate to a consolidated subsidiary.
Gearbulk, a company in the transportation of semi-finished products such as pulp, has a strong history of growth. MOL and Gearbulk have maintained a 34-year partnership since MOL’s initial equity participation in 1991.
With this...
https://container-news.com/mol-acquires-majority-stake-in-gearbulk/