6 November 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.
News from the A.P. Moller Group
A.P. Moller Holding’s purchase offer for Svitzer successfully completed
The recommended voluntary purchase offer for all issued shares in Svitzer Group, made through A.P. Moller Holdings subsidiary APMH Invest A/S on April 2, 2025, has been successfully completed.
A.P. Moller Holding announces recommended voluntary purchase offer for all issued shares in Svitzer
A.P. Moller Holding, the largest shareholder in Svitzer Group A/S (Svitzer) has, through its wholly owned subsidiary APMH Invest A/S, today announced a recommended voluntary purchase offer for all issued shares in Svitzer with the aim of taking the company private to better support its long-term ambitions.
Letter from the CEO
In connection with the publication of A.P. Moller Holding’s Annual Report 2024, our CEO, Robert M. Uggla shares his reflections on last year’s activities and highlights from across the A.P. Moller Group.