22/07/2024
DS NORDEN has entered into an agreement to acquire Norwegian dry bulk operator Norlat Shipping Ltd. AS , which specialises in the shipment of forest products and other bulk commodities, with main trading routes from Northern Europe to North Africa and North America.
“With a customer-centric business and trading routes complementary to NORDEN’s, Norlat is a great fit with NORDEN,’ says NORDEN CEO Jan Rindbo. “Norlat allows NORDEN to further cement our growing position within projects and parcelling, enabling us to offer our customers fully flexible solutions, as a global provider of ocean-based freight services for bulk and project cargo of all sizes.”
“The Norlat team is very excited to join NORDEN, an industry leader that has shown impressive results and strong growth over the years. Honesty, integrity and reliability have been the core of Norlat’s operations, and we feel that NORDEN, thinking in the same way, is an excellent fit for us. NORDEN’s success and growth has been an inspiration to Norlat, and we are confident that there are a lot of synergies that can be exploited. Our operations have many similarities, but almost no overlaps. Joining NORDEN will help us bring out the untapped potential that our team possesses, we are looking forward to starting this new adventure“, says Norlat Managing Director P**l Henrik Boehaugen.
Read the full press release 👇
https://norden.com/article/3625
