MSC Mediterranean Shipping Company is making headlines with its latest acquisition in Brazil, as it has reached an agreement to buy a controlling 56.47% stake in Wilson Sons, the largest integrated port and maritime logistics operator in the country. The deal is valued at approximately $760 million, translating to just over $3 per share. This transaction, which will be executed through MSC’s subsidiary SAS Shipping Agencies, brings the total estimated value of the acquisition to around $1.35 billion. This announcement comes shortly after reports surfaced in Brazilian media about private equity firm I Squared Capital potentially considering an offer for Wilson Sons, prompting speculation about a competitive bidding scenario. Ocean Wilson Holdings, the current owner, had been conducting a strategic review of its investments, indicating that it was open to discussions with multiple interested parties. Wilson Sons boasts a rich history of over 180 years and a diverse portfolio that includes towage, container terminals, offshore oil and gas support, small vessel construction, logistics, and ship agency services. The company operates in most major Brazilian ports and has a formidable fleet, including 80 tugboats—recognized as the largest and most powerful in the country—as well as 23 offshore support vessels, a customs logistics center, and two shipyards. Additionally, it provides international logistics services to over 70 countries and operates one of Brazil’s largest independent shipping agencies. Caroline Fougler, Chair of Ocean Wilsons, expressed that this agreement reflects the long-term investment strategy aimed at enhancing shareholder value. She highlighted that the deal will empower Wilson Sons with the additional resources and support needed for sustainable growth. MSC already has a significant presence in Brazil, operating a container terminal in Santos in partnership with Maersk. The company announced plans to expand its operations there last December, despite facing local opposition. This acquisition aligns with MSC's broader strategy to enhance its shore side operations and logistics capabilities. The company has been on a growth spree, having previously acquired terminals in France and expanded its presence in Belgium. Recently, MSC also finalized a deal for a nearly 50% stake in a container terminal operator in Hamburg, further diversifying its portfolio. The acquisition of Wilson Sons is subject to regulatory approval, with both companies targeting completion of the deal in the second half of 2025. This strategic move underscores MSC's commitment to expanding its influence in the global maritime industry while enhancing its operational capabilities in key markets like Brazil.