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.”
News from the A.P. Moller Group
A.P. Moller Holding announces the acquisition of Ocean Yield from KKR
A.P. Moller Holding and KKR, a leading global investment firm, today announced that they have signed an agreement under which a subsidiary of A.P. Moller Holding will acquire 100% of Ocean Yield AS (Ocean Yield), a leading global ship leasing platform, from funds managed by KKR.