SAS Shipping Agencies Services Sàrl, a subsidiary of MSC Mediterranean Shipping Company — the world’s largest container shipping company, has taken a majority stake in Norwegian transportation company Gram Car Carriers (GCC).
Illustration. Source: Gram Car Carriers
Following the acquisition, the MSC subsidiary will own almost 97% of the share capital and voting rights of GCC.
In late April 2024, the board of directors of GCC said that an agreement was reached with SAS for the launch of a voluntary cash tender offer to…
