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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 combines Maersk Supply Service with DOF Group and creates Maersk Offshore Wind

A.P. Moller Holding has entered into an agreement to combine its subsidiary Maersk Supply Service A/S with Norwegian DOF Group ASA (DOF Group) to create a leader supporting the offshore oil and gas industry. Maersk Supply Service’s innovative wind offshore installation concept will remain owned by A.P. Moller Holding as an independent offshore maritime company named Maersk Offshore Wind, focusing the growing global offshore wind installation market.

A.P. Moller invests in Tenderd

Tenderd is a global leader in digital transformation for heavy equipment management and operations.

Chetan Mehta, Head of Growth Equity at A.P. Moller Holding, said: “Tenderd is a leader within telematics solutions with a platform that offers real-time visibility and insights for heavy equipment across a range of industries. Their solutions enhance operational efficiencies, improve safety and mitigate carbon emissions. We are excited to be investing in Tenderd and we look forward to contributing to their continued growth.”

Novo Holdings and A.P. Moller Holding back CIRCTEC, a leader in pyrolysis for sustainable end-of-life tyre recycling, in a €150 million financing round

Novo Holdings and A.P. Moller Holding have enabled a €150 million fundraise for CIRCTEC by leading with a €75 million equity investment. Financing includes €22.5 million of grants awarded by the Government of the Netherlands.