“We continue to focus on our core businesses, and the sale of road logistics is a natural next step in implementing our strategy. I am happy with the performance of road logistics in recent years despite a difficult market environment, and I want to thank our employees for their excellent work in this challenging market situation. The new company, focusing on road transport, as an owner, enables even better development of the business from the perspectives of customers and the market. The existing employees, customers, and partners are an important resource and competitive factor, so the starting points for the new company – and further strengthening the competitiveness of the business, are excellent,” says VR’s CEO Elisa Markula.
”With this transaction, Mutares further builds on its presence in Finland, after successful realignment and improved performance in Palmia and Redo. Additionally, this acquisition will leverage our proven success in the logistics sector, with Frigoscandia as a prime example in the Nordics. We are very happy to welcome VR Road Logistics to our portfolio and remain committed to continuing the growth of our presence in Finland and the Nordic region”, says Johannes Laumann, CIO of Mutares.
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