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News / MOL continues liner integration strategy with Utoc acquisition

Utoc servicing One Humber
Credit Utoc Corp
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Japan’s MOL is emulating other liner giants in bringing logistics companies under its umbrella, including domestic operator Utoc Corp.

MOL made an offer for Utoc, part of the Mitsui group, on 30 November and completed the acquisition yesterday.

The carrier said its acquisition could increase its revenue, ...

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    integrated logistics M&A MOL ONE Utoc