Kai Kraas, chief operating officer at WWL, says the acquisition is strategically important to WWL. “As a leading global shipping and logistics provider, WWL will continue to expand its land-based operations to support vehicle manufacturers’ value-chain and supply-chain needs in the South African market and around the world,” he says.

CAT-WWL was established in 2006. The business employs 800 people and provides finished vehicles services, storage management and technical solutions to automotive manufacturers operating in South Africa.

With full ownership, WWL becomes one of the top independent providers of vehicle processing services in South Africa.