GAC acquires Norra Skeppningsgruppen

GAC acquires Norra Skeppningsgruppen

The Port of Oxelösund Port of Oxelösund

The ESL Shipping subsidiary, Norra Skeppningsgruppen (NSG), is the second Swedish ship agency acquired by GAC Group this year. The transfer was completed 1 December 2022.

GAC Sweden specialises in ship agency and freight forwarding services, with a particular focus on the energy sector. The acquisition will further support GAC Sweden’s range of ship agency, logistics and marine services for all kinds of vessels, from cruise liners and FPSOs to ro-ro vehicle carriers. NSG staff will transfer to GAC Sweden.

Johan Ehn, Managing Director of GAC Sweden, states: “We are pleased to welcome NSG to GAC Sweden. This latest addition, following the acquisition of Hasting Ship Services AB in October, represents the latest step in our sustainable growth strategy, especially in the dry bulk sector. Together with our new colleagues, we will continue to strengthen our organisation, working even more closely with our customers in the region.”

Mikki Koskinen, Managing Director of ESL Shipping, stated: “ESL Shipping has been working with GAC in Finland for many years, and we are pleased that we have found a good and experienced owner for the NSG business. The sale of NSG will enable ESL Shipping to focus on its core operations as the leading carrier of dry bulk cargoes in the Baltic Sea region.”

Author: Emma Dailey

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