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Svitzer joins the A.P. Moller Group

We are happy to welcome Svitzer as a stand-alone company to the A.P. Moller Group.

Letter from the CEO

In connection with the publication of A.P. Moller Holding’s Annual Report 2023, our CEO, Robert M. Uggla shares his reflections on last year’s activities and highlights from across the A.P. Moller Group.

Annual Report 2023

A.P. Moller Holding enjoyed strong cash inflow and experienced an increase in net asset value in 2023 despite headwinds in global trade

Pernille Erenbjerg appointed Chair of KK Wind Solutions

Following the acquisition of Nissens Cooling Solutions, Pernille Erenbjerg has been appointed as the new Chair of KK Wind Solutions.

Maersk Tankers and Penfield Marine to create a tanker company with unique reach

Maersk Tankers has acquired Penfield Marine to create a large-scale crude and product tanker company offering pool partners and cargo customers a wider range of services.

KK Wind Solutions to acquire Nissens Cooling Solutions

The acquisition will enable KK Wind Solutions to become a stronger supplier to the wind industry, with its two main product offerings as cooling systems and power conversion solutions, while strategically expanding into new markets

Maersk Supply Service and related parties extend their support to The Ocean Cleanup

The Ocean Cleanup is an international non-profit project with the mission of ridding the world’s oceans of plastic, and since 2018, different technologies have been tested with the support of Maersk Supply Service’s and A.P. Moller – Maersk’s logistics and marine activities

New green methanol venture for the A.P. Moller Group

C2X is an independent company aimed to build, own, and operate assets to produce green methanol at scale

The world's first green methanol-enabled container vessel has arrived in Copenhagen

This vessel marks an important step towards the further decarbonisation of the shipping industry

The 172-meter-long vessel is the first of its kind and a symbol of A.P. Moller Group’s long standing purpose of ‘nyttig virksomhed’: to invest in and build businesses that have a positive impact on society. Tomorrow, A.P. Moller – Maersk hosts the official naming ceremony.

 

Annual Report 2022

During an extraordinary year, A.P. Moller Holding delivered strong results and experienced good momentum on many fronts

A.P. Moller Holding continued its strategy to invest in and develop businesses (‘nyttig virksomhed’) across four selected themes: 1. global trade, 2. the energy transition, 3. circularity, water & waste recovery and 4. demographics & societal changes.

Tina Revsbech new CEO of Maersk Tankers

Tina Revsbech will join Maersk Tankers as its new CEO, bringing more than 30 years of industry experience. Tina will replace Christian M. Ingerslev, who has been appointed CEO of Maersk Supply Service

New CEO and Board of Directors of Maersk Supply Service

In connection with the closing of the acquisition of Maersk Supply Service A/S, A.P. Moller Holding has elected a new CEO and Board of Directors

A.P. Moller Holding to acquire Maersk Supply Service

A.P. Moller Holding today announces that it has entered into an agreement to acquire Maersk Supply Service from A.P. Moller – Maersk

Innargi signs first contract in Germany

The geothermal energy company Innargi is going to investigate geothermal district heating in Kiel

A.P. Moller Holding invests in Verity

Verity is the global leader in autonomous indoor drone systems for warehouses

“The company’s unique fully automated solution is popular with customers and is generations ahead of competitors. We believe the company is poised for significant further expansion in the years ahead—particularly given the significant push towards warehouse automation and supply chain efficiency around the world,” says Chetan Mehta, Head of Growth Equity at A.P. Moller Holding.

KK Wind Solutions' acquisition of Vestas' converter & controls business is complete

The acquisition makes KK Wind Solutions the world’s leading converter manufacturer to the wind industry

Vestas’ converter & controls business adds approx. 600 employees as well as three factories in Denmark, India, and China, bringing immediate scale to KK Wind Solutions’ operations, doubling their production capacity, and significantly growing the business.

International breakthrough for Innargi

The geothermal energy company Innargi has taken a large step towards expanding large scale geothermal heating across Europe

A.P. Moller - Maersk appoints new CEO

Vincent Clerc has been appointed new CEO of A.P. Moller – Maersk

Unilabs announces new Board of Directors

A part of A.P. Moller Holding’s ownership model is to attract and retain world class Board members for the stewardship of our companies

A.P. Moller Holding to increase focus on growth equity

Today, A.P. Moller Holding is announcing a new team focused on global growth equity investing – supporting the thematic approach focused on long-term mega trends

In addition to generating attractive financial results, the objective is to leverage and continue to enhance domain knowledge within our core areas of expertise.

Unilabs joins forces with RIMED to expand their position in Switzerland

RIMED is a leading Swiss diagnostic radiology company

Foundation laid for geothermal energy in metropolitan Copenhagen

With the ongoing European energy crises, it has become even more important to develop the fourth large renewable energy source, geothermal, which can supply millions of European homes with local, green and price stable heating

Maersk Drilling becomes Noble

Congratulation to all involved parties in creating the leading player in offshore drilling with a modern, high-end fleet of rigs and an industry leading operation performance

Faerch's acquisition of PACCOR is complete

PACCOR Group is the leading rigid dairy packaging player in Europe

“As owners of Faerch, our vision and mission is to facilitate the acceleration of post-consumer recycled materials and circularity in food packaging. With the acquisition of PACCOR, Faerch is taking an important and sizeable step into the dairy sector where circularity remains underpenetrated. With Faerch’s IP and knowhow this can now change for PACCORS’s dairy customers” says Jan Nielsen, CIO at A.P. Moller Holding.

KK Wind Solutions to acquire Vestas' converter & controls business

The transaction will enable KK Wind Solutions to extend their global footprint and become the world’s leading converter manufacturer for wind

Noble Corporation publish exchange offer to Maersk Drilling shareholders

The US drilling company Noble Corporation has today made a share exchange offer to the shareholders of Maersk Drilling following up on the agreement from November 2021 to combine the two companies and create a world-class offshore driller

Robert M. Uggla commencement speaker at the graduation of Massachusetts Maritime Academy’s class of 2022

“Global supply chains are the backbone of the global economy”, says Robert M. Uggla, CEO at A.P. Moller Holding

ZeroNorth secures USD 50m in Series B investment

The capital raise will accelerate the growth of their platform

ZeroNorth’s platform offers a range of software solutions supporting the global shipping industry with reducing emissions and their climate footprint, whilst improving their commercial performance. We, in A.P. Moller Holding, are grateful for continuing the partnership with Cargill and welcoming PSG Capital as co-investors in ZeroNorth.

Make every day a safe day

Today is World Day for Safety and Health at Work – an opportunity to reflect on how to reduce the risk of accidents at our workplaces

While safety is key for all employees and companies in A.P. Moller Group throughout the year, many of our portfolio companies take the opportunity to emphasise the importance of safety today. They do it in different ways, but all with the same objective: to make every day a safe day.

Annual Report 2021

In 2021, we accelerated the portfolio renewal

For A.P. Moller Holding, 2021 was a year of significant momentum for our long-term strategy of portfolio renewal. The acquisitions of Faerch and Nissens Cooling Solutions were completed, an agreement to acquire Unilabs was signed, and Innargi was established as a stand-alone company.

Robert M. Uggla appointed Chair of the Board at A.P. Moller - Maersk

After today’s General Assembly at A.P. Moller – Maersk, Robert M. Uggla was appointed Chair of the Board

The appointment marks a generational change in the company. Robert M. Uggla represents the founding family and will remain as CEO of A.P. Moller Holding.

Acquisition of Unilabs is complete

Our acquisition of Unilabs has now been completed

Unilabs is a leading European diagnostic services provider focusing on laboratory testing, pathology and radiology.

“Unilabs offers a good fit with our Group’s purpose as we believe Unilabs offers an important solution to society’s healthcare challenges. Dedicated specialist knowledge, industrial scale and process excellence are critical success factors to becoming a trusted partner to healthcare providers,” says Jan T. Nielsen, CIO at A.P. Moller Holding.

Robert M. Uggla nominated as new Chair of the Board at A.P. Moller - Maersk

Marc Engel, who has served on the Board since 2019, is nominated as Vice Chair

“I am very humbled to accept the nomination as Chair of the company. We initiated the restructuring and renewal of A.P. Moller – Maersk in 2016 and have come a long way on many fronts. I am grateful for Ane and Jim’s contributions to the company and their personal support also in the future. I look forward to continuing A.P. Moller – Maersk’s transformation in close cooperation with Marc Engel, the Board and management” says Robert M. Uggla.

Innargi to build EU’s largest geothermal heating plant in Aarhus

The plant will provide green heating for the citizens of Aarhus and is a sustainable alternative to biomass, coal and gas

ZeroNorth acquires US-based bunker market platform ClearLynx

The acquisition will provide ship owners and operators with an integrated and end-to-end solution for the cost and environmentally efficient optimisation of bunker fuel, from initial enquiry through to supply

“Today’s announcement is another big step forward in ZeroNorth’s mission to support and enable decarbonisation in the maritime value chain. Adding ClearLynx and their considerable expertise to our offering means that our customers will be able to make the most of a powerful trio of voyage, vessel and bunker optimisations that are linked and working in tandem” says Søren Meyer, CEO at ZeroNorth.

A.P. Moller Holding invests in Blue Ocean Robotics

Blue Ocean Robotics is a robot venture factory, developing professional service robots

“Blue Ocean Robotics has developed several robot solutions that can automate and streamline critical and routine tasks, including in healthcare systems. We look forward to following and supporting the company on its interesting and thriving journey” says Jan Nielsen, CIO at A.P. Moller Holding.

Faerch acquires PACCOR Group

The acquisition is another step in the execution of Faerch’s long-term growth plan and in accelerating the industry’s transition towards circular packaging solutions

PACCOR Group is the leading rigid dairy packaging player in Europe. The acquisition includes approximately 3,400 employees and 16 factories in Europe, Asia and the US, and the combination will create one of the world’s leading rigid food packaging players with a combined footprint of 34 sites and 6,000 employees.

A.P. Moller Holding to acquire Unilabs, a leading European provider of diagnostic services

Unilabs is a leading European supplier of clinical laboratory testing and medical diagnostic imaging services to private and public healthcare providers

Innargi awarded new license to explore and extract geothermal energy

The license covers the Danish capital, Holbæk and Ringsted

Geothermal energy is the fourth major source of renewable energy along with wind, solar and hydro. Originating from the Earth’s interior it can be used for district heating as a green alternative to fossil fuels such as coal and gas. In Denmark, geothermal energy has the potential to heat 600,000 households.

Acquisition of Nissens Cooling Solutions is complete

Our acquisition of Nissens Cooling Solutions has now been completed

Nissens Cooling Solutions is a global market leading supplier of customised cooling solutions for industrial applications, including wind turbines and off-highway vehicles.

Maersk Drilling announces agreement to merge with Noble

The Drilling Company of 1972 A/S (CSE: DRLCO) (“Maersk Drilling”) today announced that it has entered into a definitive agreement to combine with Noble Corporation (“Noble”) in a 50/50 primarily all-stock transaction. The combined company will be named Noble Corporation, and its shares will be listed on the New York Stock Exchange and Nasdaq Copenhagen

KK Group appoints new CEO

Mauricio Quintana has been appointed new CEO of KK Group, the parent company of KK Wind Solutions, as Chlinton Arendahl Nielsen has decided to resign

A.P. Moller Capital invests in Eranove

A.P. Moller Capital, Emerging Capital Partners, DEG and IFU of Denmark join forces to invest in Eranove

Fresh water for water scarcity areas

Together with an experienced management team, A.P. Moller Holding forms Iv3 Aqua to design, acquire, rebuild and operate water treatment plants

Iv3 Aqua’s focus includes water treatment plants that purify water to make it usable as potable water for human consumption and domestic use and into process water for industrial and agricultural uses, as well as wastewater treatment and re-use.

Faerch acquires MCP Performance Plastic

With the acquisition of MCP, Faerch Group enters the US market

In A.P. Moller Holding, we are proud that Faerch’s sustainable food packaging solutions also becomes available in the US. It is an important market and essential to contribute to the critical societal development of a circular waste system.

A.P. Moller Holding to acquire Nissens Cooling Solutions

Nissens Cooling Solutions has decades of experience with the design and manufacturing of customised cooling solutions for industrial applications and for on- and offshore applications in the wind turbine industry

“Cooling solutions and Thermal management is fundamental to renewable energy. The more effectively cooling solutions operate, the more effectively we can produce and consume renewable electricity. In A.P. Moller Holding, we are committed to investing in the transition into renewable energy, and we therefore see Nissens Cooling Solutions, a global leading supplier of customised cooling solutions, as an important addition to our portfolio.” says Jan T. Nielsen, CIO at A.P. Moller Holding.

World Day for Safety and Health at Work

28 April is World Day for Safety and Health at Work

Many of our portfolio companies take this opportunity to emphasise the importance of safety. They do this in very different ways, but all with the same objective: to ensure a strong safety culture which is instrumental in creating a safe work environment.

Annual Report 2020

Weathering the storm of 2020

The acquisition of Faerch Group is completed

Our acquisition of Faerch Group, the global leader in sustainable food packaging, has now been completed

We have appointed a new Board of Directors, which we are proud to welcome. Together with management, they will drive the industry’s transition towards sustainable packaging solutions and a more circular economy.

International Women's Day

As owner, we are highly engaged in many nomination processes of Directors of Boards, working hard to promote diversity of thought in terms of competencies, nationalities and gender

The A.P. Moller Group has seen a number of highly capable women join our Boards. We thank you for your many contributions and for being an inspiration to others! Happy womensday #IWD2021.

A.P. Moller Holding invests in Green Hydrogen Systems

Green Hydrogen Systems is a promising supplier of modular electrolyzers producing green hydrogen from renewable energy

A.P. Moller Holding to acquire the Faerch Group, the world’s leading sustainable food packaging company

Faerch manufactures sustainable food packaging solutions and is today the market leader of fully circular solutions with its products made from up to 100% post-consumer recycled content and recyclable to new food grade products

A.P. Moller Capital invests in grain logistics infrastructure in Morocco

Through the Africa Infrastructure Fund 1, A.P. Moller Capital has completed the acquisition of a 49% shareholding in Casablanca-based grain terminal operator Mass Céréales al Maghreb (MCM)

Henrik Poulsen to join A.P. Moller Holding as Senior Advisor and a member of our Investment Committee

As Senior Advisor to A.P. Moller Holding, Henrik Poulsen will provide advice related to investments in businesses targeting the transition to a sustainable society and the broader circular economy

Henrik Poulsen is the outgoing CEO of Ørsted, a global renewable energy company, and holds significant leadership experience from transforming large corporates. Ørsted has recently been ranked as the most sustainable company in the world.

A.P. Moller - Maersk upgrades expectations for Q3 and 2020 full year guidance

Based on the preliminary Q3 figures and the current outlook for Q4, A.P. Moller – Maersk changes its full-year guidance for 2020

New Directors of Maersk Tankers' Board

In January 2021, Kristin H. Holth and Michael Brennan will join Maersk Tankers’ Board of Directors

Kristin H. Holth comes from a position as Executive Vice President and Global Head of Ocean Industries of DNB, Norway’s largest bank and a global leading financial institution within the ocean industries, while Michael Brennan has broad experience in trading and advisory services across the energy markets. At Morgan Stanley, he developed and managed the Global Oil Trading and Structured Transactions businesses.

KK Wind Solutions acquires Gram & Juhl

The acquisition will further accelerate and strengthen KK Wind Solutions’ capabilities and offerings within digital solutions for the wind industry

“Gram & Juhl is a remarkable company with an impressive track record, and their unique capabilities within condition monitoring are unprecedented in our industry” says Chlinton A. Nielsen, CEO in KK Wind Solutions.

ZeroNorth and Cargill enter strategic partnership

Today ZeroNorth, the recent spin-off from Maersk Tankers, announced their partnership with Cargilll to accelerate the use of digital solutions that decarbonise shipping

Cargill invests in ZeroNorth and commits its entire operated fleet to using the Optimise software to reduce CO2 emissions through digital technology. The increased scale will support ZeroNorth in further developing its offering and growing its customer base.

The Maersk Bridge

A.P. Moller Group to deliver critical Personal Protective Equipment (PPE) to Danish health care workers

A.P. Moller Holding and A.P. Moller – Maersk are planning to establish the Maersk Bridge: an air bridge and supply chain operation to secure delivery of protective equipment to health care workers and reduce the risk of transmission of Covid-19 in hospitals. The operation takes place in close coordination with relevant hospitals.

New Directors of the A.P. Moller Holding Board

Diane Greene and Claus V. Hemmingsen are expected to be elected as new members of the A.P. Moller Holding Board of Directors at the annual general meeting 20 April 2020

Inauguration of A.P. Møller House

Our new corporate home

We are very pleased to have moved into ‘A.P. Møller House’ at Esplanaden 19. The house was originally built in 1873 to accommodate The Royal Danish Nautical Archives (Søkortarkivet) and has undergone extensive renovation prior to A.P. Moller Holding’s moving in.

A.P. Moller Holding to acquire KK Group A/S

KK Wind Solutions has been a leader in the wind industry since the 1970s

Extraordinary general meeting in Danske Bank

A.P. Moller Holding requests an extraordinary general meeting and proposes the election of a new Chairman of the Board of Directors

Letter of intent with Aarhus Municipality

Aarhus Municipality and A.P. Moller Holding wants to extract green heat from the Earth

Geothermal energy

A.P. Moller Holding brings geothermal energy into play – it has potential to cover 30% of Denmark’s district heating supply

Jan Thorsgaard Nielsen appointed CIO of A.P. Moller Holding

Jan comes from a position as Senior Managing Director of Blackstone