Wallenius Wilhelmsen acquires remaining shares in Armacup

Wallenius Wilhelmsen has acquired the remaining shares in New Zealand shipping concern, Armacup, bringing the shareholding percentage from 65% to 100%.  Armacup is a New Zealand-headquartered shipping company that has pioneered the Japanese used car trade since the 1980s.  Armacup has since then expanded its position in the Asia-Oceania trade, servicing all three main export …

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