Oslo-listed car carrier operator Wallenius Wilhelmsen has completed the sale of Melbourne International RoRo & Auto Terminal (MIRRAT) following approval from the Australian Competition and Consumer Commission in April.
The deal sees Australian Amalgamated Terminals, a subsidiary of Australia’s largest logistics provider Qube, taking over the country’s largest car and roro terminal for around A$332.5m ($221m).
The first phase of MIRRAT launched in April 2016, after Wallenius Wilhelmsen won the bid to design, construct, and operate the terminal in 2014.
The operator of around 125 vessels and now seven marine terminals struck a deal to sell MIRRAT last May and said it would continue to utilise the terminal for its services.
Wallenius Wilhelmsen said further details linked to the sale would be divulged in its quarterly earnings report due on May 8.
