March 1st, 2017

German company buys majority stake in the Port of Söderhamn

The German company Brunsbüttel Ports GmbH has become the main owner of the Port of Söderhamn, which involves the management of six port areas in Söderhamn.

The deal was presented on 1 March and means that Brunsbüttel Ports is now the majority owner of Söderhamns stuveri and port AB with 50.9 percent of the shares. “Söderhamns stuveri and port is the perfect addition to our portfolio. We see a great deal of potential in the company and in Söderhamn. This is an important strategic step in the company's development in the Baltic region,” says Frank Schnabel, CEO of the parent company Schramm group.

Söderhamns stuveri & hamn AB currently operates three public ports in the Söderhamn area. It manages the ports of Orrskär, Stugsund och Långrör, and logistics at three other industry ports. Brunsbüttel Ports, which is a subsidiary of the Schramm Group, owns ports in several German cities and has been planning to enter the Scandinavian market and the Baltic region for some time.

“Söderhamns stuveri & hamn AB’s successful development in recent years makes us confident that it can be further developed,” says Hans Helmut Schramm, owner of the Schramm Group. The process began in early 2016 and has involved other owners in Söderhamns stuveri & hamn AB (Söderhamn Municipality, Vallviks Bruk and HML Shipping) and its customers.

“This is a great opportunity for us to continue to evolve. The new owners have come at a time when we are discussing potential expansions, and I think their knowledge, contacts and commitment gives a boost to the company and the municipality,” says Peter Wikman, CEO of Söderhamns stuveri & hamn AB.

Wikman will continue to lead the company’s daily operations together with their current employees.

News source (external website in Swedish).