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WWL ASA acquires Keen Transport, Inc. and becomes clear market leader in US H&H Equipment Processing space

Oslo, Norway, December 7th, 2017 – Wallenius Wilhelmsen Logistics ASA has signed an agreement to acquire 100% of the shares in Keen Transport, Inc. from Platinum Equity Partners, LLC.

Keen operates 14 High & Heavy Equipment Processing Centers (EPC’s) and a specialty trucking entity in the US. With its 450 employees Keen provides value-added facility services, equipment modification, transportation and load consolidation for about 20 Original Equipment Manufacturers (OEMs).

"With Keen as part of our Group we will become the clear market leader in the US H&H Equipment Processing space, positioning ourselves for the forecasted growth in this segment," says Craig Jasienski, President and CEO of WWL ASA.

The acquisition is a strong fit strategically and operationally. The increased footprint represents a unique opportunity for WWL to capitalize on the improving fundamentals of the mining and construction sector in the US, as well as substantiate a trend where more advanced work and services are performed at EPCs- outsourced from OEM factories.

About Wallenius Wilhelmsen Logistics ASA

Wallenius Wilhelmsen Logistics ASA is a global logistics operator serving the manufacturing industry with special focus on vehicles, mining and construction equipment and machinery. The company brings together the shipping and logistics businesses of EUKOR Car Carriers, WWL AS and American RoRo Carriers.

For more information see www.walleniuswilhelmsen.com