MEDLOG has bought Maritime Transport for an undisclosed sum, reports Carol Millett.
The deal sees Maritime’s current management team, headed by group executive chairman John Williams, remain in place, with new investment support from MEDLOG provided under the Maritime brand.
John 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,” he added.
MEDLOG chairman Giuseppe Prudente said: “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 is based in Geneva, Switzerland and is the cargo business of MSC Mediterranean Shipping Company, the world’s largest container carrier. As an independent logistics operator and a specialist in intermodal transportation solutions, it employs more than 10,000 people.
John Williams started Maritime Transport in 2001 as an integrated road and rail freight logistics, supported by container transport and storage, domestic distribution, warehousing, freight management, and truck sales.
It employs around 3,000 staff across 41 sites and operates a fleet of 1,600 trucks as well as operating 36 daily rail services.
