16 May 2025
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 now owns 93.4 % of the share capital and voting rights in Svitzer.
Svitzer plays a vital role in global trade as a leading provider of towage and other port and terminal services, with a strong position in digitalisation and innovative solutions that enhance efficiency and support the green transition across the industry.
Founded in 1833 and headquartered in Copenhagen, Svitzer employs around 4,000 people and operates a fleet of 456 vessels serving around 2,000 customers in 141 ports and 40 terminals worldwide. As part of the A.P. Moller Group, Svitzer will continue to operate independently under its current leadership and will retain the Svitzer brand, which has defined the company for more than 190 years.
“We would like to thank Svitzer’s shareholders for their trust in the company and their support throughout this process. We look forward to working closer with its management to further strengthen its market position and ensure that Svitzer remains a leading player in towage and maritime services.”
A.P. Moller Holding intends to compulsory acquire the remaining shares in Svitzer and to apply for the delisting of Svitzer’s shares from Nasdaq Copenhagen. The delisting is expected to take effect no later than Thursday, 22 May 2025.
Further details about the offer are available at www.svitzer.com.
For any further information please contact: Mika Bildsøe Lassen: Mika.Lassen@apmoller.com, +45 2055 2655
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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.
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