Inchcape buys majority share of Polish agency
Inchcape Shipping Services has acquired a 52.3 percent stake in Polish shipping agency East-Mar Shipbrokers Ltd., based in Gdynia. Financial details were not disclosed.
“We have the benefit of opportunities from the growing Polish economy which is now part of the EU, and the expansion through further local partnerships in the strategically important Baltic and North-Russian markets,” said Henri Versluys, Inchcape’s regional managing director for Europe and Africa.
“This joint venture supports our strategic objective of establishing our presence in areas where we are able to set up a sound operating platform with the added opportunity of growing the existing portfolio.”
Inchcape buys majority share of Polish agency
