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Wallenius Wilhemsen invests in car transport blockchain Vinturas

car logistics vehicles auto

Shipping firm Wallenius Wilhemsen has invested in Vinturas, a blockchain platform owned by the major logistics firms that distribute finished cars in Europe. Existing investors include Axess Logistics (Sweden), Koopman Logistics (Netherlands), NVD (Ireland), Autolink (Norway), and Groupe CAT (France). Santander Consumer Finance is the only non-logistics company that is a shareholder.

Vinturas says that the supply chain crisis has increased demand for its technology solutions from manufacturers, fleet owners, logistics firms and carriers.

“We have seen that there is high demand for our blockchain network solution which empowers logistics networks and collaboration, but does not directly access the data of our customers – delivering security and privacy, alongside digital transformation,” said Ronald Kleijwegt, CEO, Vinturas.

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