Eimskip signs an agreement to acquire the shipping and logistics company Nor Lines

Wednesday, November 16, 2016
Eimskip has entered into an agreement to acquire the Norwegian shipping and logistics company Nor Lines. Nor Lines is a strategic fit in Eimskip’s core market and the overall transaction is asset-light. The operation of Nor Lines has been challenging over the past years and the business will be restructured in order to improve the company’s services and profitability by aligning it with Eimskip’s current operations in Norway. The acquisition will give Eimskip an opportunity to offer broader value added services to its customers. Norwegian exporters and importers will also benefit from the synergy between the liner services of the two companies.

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