Medlog Enters Ukrainian Logistics Market: Acquires Stakes in N’UNIT and Mostyska Terminal
Swiss-based Medlog, a growing inland cargo business affiliated with the world’s largest shipping line, Mediterranean Shipping Co (MSC), has entered the Ukrainian logistics market.
According to local media, Medlog has acquired a 50 % stake in the Ukrainian intermodal logistics operator N’UNIT (New Ukrainian Network of Intermodal Terminals) and a 25 % share in the cross-border terminal Mostyska.
Source: Medlog
The transaction involves local businessman Yegor Grebennikov, co-owner of the TIS Group and founder of N’UNIT. After the deal, he will retain 50 % of N’UNIT and 25 % of the Mostyska terminal, while the remaining 50 % will continue to be owned by Lemtrans, a company associated with another Ukrainian businessman, Rinat Akhmetov.
N’UNIT operates four intermodal terminals located in Vyshneve near Kyiv, Kharkiv, Dnipro, and the Lviv region, while the Mostyska terminal plays a significant role in rail freight operations at the Ukrainian-Polish border.
Forbes, which reported the news, estimates the purchase price to be between $15 million and $30 million. This deal represents the first announced acquisition by a major international logistics company involving Ukrainian rail freight assets since the onset of the full-scale war in Ukraine.
