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Brazil approves MSC’s Acquisition of Wilson Sons, paving the way for $1.35 billion deal

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Brazil approves MSC’s Acquisition of Wilson Sons, paving the way for $1.35 billion deal

Brazilian regulators have given the green light to MSC’s planned acquisition of Wilson Sons, clearing the final regulatory hurdle and setting the stage for the deal’s completion.

In October 2024, MSC announced its intention to acquire a 56% stake in Wilson Sons from Ocean Wilson Holdings, a move long rumored in the industry since at least 2023.

Although other bidders expressed interest, MSC ultimately secured the deal for $760 million.

Following the completion of the initial purchase, MSC will launch a public tender offer for the remaining shares, bringing the total transaction value to approximately $1.35 billion.

The acquisition complements MSC’s earlier entry into Brazil’s coastwise cabotage market through its 2021 purchase of Log-In Logística, enhancing the company’s domestic and regional transport capabilities.

The post Brazil approves MSC’s Acquisition of Wilson Sons, paving the way for $1.35 billion deal appeared first on Container News.

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