This development follows the founding of MPLS at the start of 2024, driven by increasing import volumes and a growing need for terminal space, as well as new original equipment manufacturers (OEMs). MPLS currently operates at the port locations of Wilhelmshaven and Cuxhaven in Germany, alongside the CarCenter Zeebrugge and a representative sales office in Shanghai.
The acquisition will expand MPLS’s presence to include Transport Overseas Group’s locations in Belgium, Spain, Poland, and the United Arab Emirates.
In the press release, Tim Oltmann, CEO of Transport Overseas Group, highlighted the complementary nature of the two companies.
He stated, “The portfolios of our companies match perfectly. With 800 own vehicle transporters and over 60 special trucks for High & Heavy and Ro/Ro terminals, the MOSOLF Group brings powerful assets to the table, while the TO Group has direct access to shipping companies, OEMs, and other customers from the breakbulk, project cargo, and Ro/Ro segment for global shipments.”
“This is another important milestone for the future. We are delighted that we will be taking over the TO Group with its special industry expertise and that we will be able to offer our customers complete supply chain solutions from a single source on a sustainable and long-term basis,” said Dr. Jörg Mosolf, Chairman of the Management Board of MOSOLF Group.
The integration of the two companies will also see Christian Weber, Managing Director of the Transport Overseas Group, joining Steffen Klatte, Managing Director of MPLS, to lead the combined entity. Weber expressed confidence in the acquisition, commenting:
“The two companies outstandingly harmonize in terms of their orientation and values. We have worked closely together internationally in the past, and we know our strengths, synergy effects, and growth potential.”
Klatte echoed these sentiments, adding, “With the acquisition of the Transport Overseas Group, we will further strengthen our position on the market and become even more attractive and efficient for our customers.”