Independent journal on economy and transport policy
19:08 GMT+2
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Whilhelmsen Ships Service buys the producer of cables and Timm ropes
the Norwegian company is founded in 1772
September 25, 2015
The Norwegian Whilhelmsen Ships Service (WSS) has signed a binding agreement in order to acquire the Timm compatriot, society founded in 1772 and one of the companies leader in the production of cables, ropes and tow-ropes for the marine industry. "Timm - it has emphasized the president of WSS, Bjørge Grimholt - will contribute with about 16 million dollars to our revenues with immediate effect. Draft of a renowned brand with producing high-quality that perfectly joins in our Network of supplies and services".
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