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23 November 2020

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)

“Today, MCM handles more than half of all grain bulk imports in Morocco and has an ambition to become a leading grain logistic player across Africa. Together with HOLMARCOM, we are proud to support this endeavor, which goes well in hand with our focus on combining attractive investments with a purpose of building sustainable businesses, creating jobs and positively impacting society.”
Kim Fejfer, Managing Partner at A.P. Moller Capital

News from the A.P. Moller Group

Letter from the CEO

In connection with the publication of A.P. Moller Holding’s Annual Report 2025, our CEO, Robert M. Uggla shares his reflections on last year’s activities and highlights from across the A.P. Moller Group.

Annual Report 2025

A.P. Moller Holding delivered satisfactory results in 2025

A.P. Moller Holding leads the $60 million Series C equity financing in Upway

Upway is a leading e-commerce platform for buying refurbished e-bikes, driving the transition to sustainable urban mobility.

“We are excited to support Upway on its journey to revolutionize the global market for refurbished e-bikes. Upway’s ability to industrialize second-hand e-bike refurbishment and deliver the highest level of customer trust globally truly sets them apart. Today’s investment also reflects our confidence in Upway’s sustainable and scalable business model that aligns with our commitment to sustainable, long-term growth,” said Chetan Mehta, Head of Growth Equity at A.P. Moller Holding.