26 April 2024
Svitzer joins the A.P. Moller Group
We are happy to welcome Svitzer as a stand-alone company to the A.P. Moller Group.
Established in 1833, Svitzer is today a global market leader within towage and marine services. Towage is a mission critical port infrastructure service enabling efficient and safe marine traffic, hence critical for enabling the flow of goods around the world.
Following the demerger of Svitzer from A.P. Moller – Maersk, A.P. Moller Holding is now a significant shareholder of the company. As a stand-alone company, we believe Svitzer has good opportunities to continue its growth journey and further improve its market position. We look forward to supporting Svitzer.
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.