ANSA McAL agrees to sell shipping unit Alstons Shipping to Jemcha Holdings
ANSA McAL has signed an agreement to sell its full shareholding in Alstons Shipping, a freight forwarding and shipping agency business it has owned for more than a century, to private investment company Jemcha Holdings. The group said the disposal, announced on 10 November 2026, supports its 2X strategy of portfolio optimisation and reinvestment in core growth areas; no price was disclosed.
Why this mattersThe disposal removes a century-old logistics business from ANSA McAL's portfolio, in line with its stated 2X strategy of reinvesting in core growth areas.
- ANSA McAL will sell 100 per cent of Alstons Shipping Limited to Jemcha Holdings Limited.
- Alstons Shipping has been part of the ANSA McAL group for more than a century.
- The business provides shipping agency, freight forwarding and supply chain services.
- The sale was announced on 10 November 2026 as part of ANSA McAL's 2X strategy.
- No transaction value was disclosed.
Sources
ttgazette.com