GAC completes acquisition of Finnish ship agency
GAC has strengthened its Baltic Sea region coverage with the acquisition of Finnish ship agent, John Nurminen Navis Oy (JNN). A subsidiary of the John Nurminen Group, JNN handles around 3000 ship calls a year at major Finnish commercial seaports, with offices in Helsinki, Porvoo, Kotka , Turku, Naantali and Rauma, in addition to a network of sub-agencies.
Under the agreement - which was signed by Lars Safverstrom, GAC Group president and Jan Lonnblad, managing sirector of John Nurminen Oy - the company is now rebranded as GAC-Nurminen Navis Oy.
“GAC and JNN have much in common, making this new partnership a great match. That compatibility will be vital in facilitating the smooth integration of this icon of the Finnish shipping community into the GAC global network - to the benefit of all our customers," said Safverstrom.
Erland Ebbersten, GAC Group Vice President – Europe, Mediterranean, Black and Caspian Sea, and Africa, said JNN’s standing in the local market and strong client-base of major international and domestic shipping and chartering principals made it an ideal candidate for acquisition to help drive GAC’s development strategy in the Baltic Sea region.
“JNN is strongly represented in key sectors such as oil tankers, chemical carriers, dry bulk, and cruise ships,” he added. “These are all areas where GAC is strong globally, so this acquisition makes perfect sense to help us continue to thrive in the long term.”
Under the agreement - which was signed by Lars Safverstrom, GAC Group president and Jan Lonnblad, managing sirector of John Nurminen Oy - the company is now rebranded as GAC-Nurminen Navis Oy.
“GAC and JNN have much in common, making this new partnership a great match. That compatibility will be vital in facilitating the smooth integration of this icon of the Finnish shipping community into the GAC global network - to the benefit of all our customers," said Safverstrom.
Erland Ebbersten, GAC Group Vice President – Europe, Mediterranean, Black and Caspian Sea, and Africa, said JNN’s standing in the local market and strong client-base of major international and domestic shipping and chartering principals made it an ideal candidate for acquisition to help drive GAC’s development strategy in the Baltic Sea region.
“JNN is strongly represented in key sectors such as oil tankers, chemical carriers, dry bulk, and cruise ships,” he added. “These are all areas where GAC is strong globally, so this acquisition makes perfect sense to help us continue to thrive in the long term.”