9 November 2021
KK Group appoints new CEO
Mauricio Quintana has been appointed new CEO of KK Group, the parent company of KK Wind Solutions, as Chlinton Arendahl Nielsen has decided to resign
“Mauricio is an extremely capable industrial business leader with a strong customer focus and a knack for building high performing and committed teams. He has a global mindset, strong values and the right profile and personality to lead KK Group into a new era with continued geographical expansion and growth, particularly in Asia, and expanding KK Group’s position in the renewable value chain. Chlinton has done a tremendous job in growing the team and the company, and I am very pleased that A.P. Moller Holding can continue the collaboration with Chlinton in his capacity as advisor.”
News from the A.P. Moller Group
Acquisition of Ocean Yield is complete
A.P. Moller Holding announced the acquisition of Ocean Yield on 2 July 2026. With all regulatory approvals obtained, the transaction has now been successfully completed. Ocean Yield holds interests in over 70 modern vessels across several core shipping sectors, including gas carriers, container ships, LNG carriers, crude, product and chemical tankers, and dry bulk carriers.
“We are impressed by Ocean Yield’s performance and its management team. We believe that combining Ocean Yield’s compelling platform with our century-long experience in the maritime industry will create a strong partnership. In addition, we see Ocean Yield’s business model, with its stable cash flow, as an excellent complement to our existing maritime portfolio,” says Martin Larsen, CFO of A.P. Moller Holding.
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.