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Home > All news > Logistics, Shipping > MOL completes the acquisition of shares of making Gearbulk a Consolidated Subsidiary

MOL completes the acquisition of shares of making Gearbulk a Consolidated Subsidiary

January 22, 2025
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MOL completes the acquisition of shares of making Gearbulk a Consolidated Subsidiary

- Now Has World-Leading Dry Bulk Fleet -

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) announced that on January 20, 2025, after obtaining approval from the relevant authorities under the competition law, it acquired 72% of the shares of its equity method affiliate Gearbulk Holding AG (Chairman/CEO: Kristian Jebsen, Headquarters: Switzerland, making the company a consolidated subsidiary.

Gearbulk has a proven track record of growth through the transport of semi-finished products such as pulp. MOL has had a 34-year partnership with . . .

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