THE MOSOLF PORT LOGISTICS & SERVICES GMBH ACQUIRES 100 PERCENT OF THE TRANSPORT OVERSEAS GROUP AS PER 1 JANUARY 2025, SUBJECT TO ANTITRUST APPROVAL.
Kirchheim unter Teck / Bremen, 5 September 2024 – Since 1 January 2024, the port locations Wilhelmshaven and Cuxhaven as well as the CarCenter Zeebrugge and the representative sales office in Shanghai have been operating under the name of MOSOLF Port Logistics & Services GmbH (MPLS). This company was founded at the beginning of the year due to growing import volumes, the resulting demand for terminal space and new OEMs. As part of its continued growth strategy, MPLS will acquire 100% of Transport Overseas Group GmbH from the start of 2025, including the locations in Belgium, Spain, Poland and the United Arab Emirates.
Tim Oltmann, CEO of the Transport Overseas Group and Dr. Jörg Mosolf, Chairman of the Management Board of the MOSOLF Group, are firmly convinced that the transaction will be a complete success. “The portfolios of our companies match perfectly! With 800 own vehicle transporters, over 60 special trucks for High & Heavy and Ro/Ro terminals, the MOSOLF Group brings powerful assets to the table, while the TO Group has direct access to shipping companies, OEMs and other customers from the breakbulk, project cargo and Ro/Ro segment for global shipments,” explains Oltmann.
For Dr. Jörg Mosolf, this acquisition is another important milestone for the future, and he adds: “We are delighted that we will be taking over the TO Group with its special industry expertise and that we will be able to offer our customers complete supply chain solutions from a single source on a sustainable and, above all, long-term basis. In my opinion, this is unique in Northern Europe and will open up new strategic and logistical options for the OEM sector.
Christian Weber, Managing Director of the TO Group, will complete the MPLS management duo alongside Steffen Klatte. Mr. Weber sees the takeover as a perfect strategic fit, as the two companies outstandingly harmonize in terms of their orientation and values. “Both companies have already worked closely together internationally in the past. We therefore know our strengths, synergy effects and growth potential,” says Mr. Weber.
Steffen Klatte, Managing Director of MPLS, adds: “I can only agree with this. With the acquisition of the Transport Overseas Group, we will further strengthen our position on the market and become even more attractive and efficient for our customers.”
Steffen Klatte concludes: “This acquisition marks a significant step in our growth strategy, which will raise both – our competitiveness and our service to a new level.