November 8th, 2022

 

MOL Logistics, Co., Ltd. (MLG; President: Koichi Yashima; Headquarters: Chiyoda-ku, Tokyo) announced today that MLG acquired treasury stock and became wholly owned subsidiary of Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) as of November 7, 2022.

 

MLG will further establish a system that can respond quickly and flexibly to future changes in the business environment and contribute to the strengthening of the MOL Group’s management.