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 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.