Stout Advises WALLENIUS SOL on Its Acquisition of Mann Lines

Stout is pleased to announce that it has advised WALLENIUS SOL on its acquisition of Mann Lines, a family-owned provider of liner Roll-on/Roll-off (RoRo) and container vessel services, logistics, and forwarding. Stout served as exclusive financial advisor to WALLENIUS SOL in connection with this transaction.

Mann Lines is a logistics and shipping company specializing in liner RoRo and container vessel services, primarily connecting Northern Europe and the U.K. The company provides a wide range of additional services, including ship agency, stevedoring, warehousing, customs clearance, forwarding, and European express freight solutions.

WALLENIUS SOL is an innovative shipping company established in 2019 through a partnership between Wallenius Lines and the Swedish Orient Line (SOL), aiming to strengthen the transportation infrastructure in the Gulf of Bothnia and the Baltic Sea. The company operates regular scheduled services connecting numerous ports in northern Finland and Sweden, Germany, the Benelux region, and the U.K. Specializing in RoRo traffic, WALLENIUS SOL offers flexible tonnage solutions for various cargo types, including trailers, containers, and project cargo, with a particular focus on high and heavy cargo that requires lifting onboard.

Elvir Dzanic, CEO at WALLENIUS SOL, said, “This acquisition strengthens WALLENIUS SOL’s position as a reliable partner for customers in our key operating regions, enhancing our ability to deliver a more comprehensive range of tailored solutions to meet our customers’ evolving needs.”

Bill Binks, former CEO of Mann Lines, added, “We are thrilled to embark on this journey together as we unite our expertise and resources. Being under WALLENIUS SOL leadership will unlock new opportunities for our colleagues and customers, and bring tangible benefits to the Northern European market.”

Aran Williams, Managing Director at Stout, said, “We are proud to have advised WALLENIUS SOL on this important transaction and wish Mann Lines every success under their new ownership.”

WALLENIUS SOL was advised by Aran Williams and Damian Serwin of Stout. Legal counsel was provided by Axel Helle and Samuel Pihl of Setterwalls.

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