8 November 2024
Concentric joins the A.P. Moller Group
We are happy to announce that our offer to acquire Concentric AB, one of the world’s leading pump manufacturers, has been closed.
“As a global leader in pump, fan, and thermal management solutions for the commercial vehicle market, Concentric is uniquely positioned to actively support its customers through the energy transition. Their innovative solutions are not only aiding this critical shift but are also poised for significant expansion into new and adjacent markets such as energy storage and data centres.”
We look forward to working with Concentric and its many stakeholders leveraging our experience from navigating cyclical businesses and enabling the green transition while supporting the legacy business and ensuring that Concentric remains at the forefront of its industry.
News from the A.P. Moller Group
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.
Annual Report 2024
A.P. Moller Holding delivered strong results in 2024