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Acquisition of Treasury Stock and Becoming Wholly Owned Subsidiary of Mitsui O.S.K. Lines, Ltd.

Acquisition of Treasury Stock and Becoming Wholly Owned Subsidiary of Mitsui O.S.K. Lines, Ltd.

Press release November 8th, 2022

MOL Logistics Group

MOL Logistics, Co., Ltd. (MLG; President: Koichi Yashima; Headquarters: Chiyoda-ku, Tokyo) announced today that MLG acquired treasury stock and became wholly owned subsidiary of Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) as of November 7, 2022.

MLG will further establish a system that can respond quickly and flexibly to future changes in the business environment and contribute to the strengthening of the MOL Group’s management.

MOL Logistics in EMEA

Being part of a worldwide network and many years of experience we are capable of solving any logistics problem. From EMEA we operate autonomously and independently. MOL Logistics endorses high standards of ethics, safety and sustainability, based on the MOL Group mission. We combine European expertise with Japanese dedication.

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Our experts provide smart and innovative forwarding solutions, overseeing every step of the logistics process. They assist you with personal advice in choosing the right transport solution – tailored to your company. Our services include warehousing, door-to-door freight forwarding solutions including custom formalities. A dedicated breakbulk and project cargo team takes care of your outsized need of transport.

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