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2 June 2022

ZeroNorth secures USD 50m in Series B investment

The capital raise will accelerate the growth of their platform

ZeroNorth’s platform offers a range of software solutions supporting the global shipping industry with reducing emissions and their climate footprint, whilst improving their commercial performance. We, in A.P. Moller Holding, are grateful for continuing the partnership with Cargill and welcoming PSG Capital as co-investors in ZeroNorth.

News from the A.P. Moller Group

A.P. Moller Holding leads the $60 million Series C equity financing in Upway

Upway is a leading e-commerce platform for buying refurbished e-bikes, driving the transition to sustainable urban mobility.

“We are excited to support Upway on its journey to revolutionize the global market for refurbished e-bikes. Upway’s ability to industrialize second-hand e-bike refurbishment and deliver the highest level of customer trust globally truly sets them apart. Today’s investment also reflects our confidence in Upway’s sustainable and scalable business model that aligns with our commitment to sustainable, long-term growth,” said Chetan Mehta, Head of Growth Equity at A.P. Moller Holding.

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 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.