The acquisition will enable KK Wind Solutions to become a stronger supplier to the wind industry, with its two main product offerings as cooling systems and power conversion solutions, while strategically expanding into new markets.
A.P. Moller Holding seeks to invest in and build strong, scalable platforms within areas that are supported by long-term mega trends. The overarching objective with our acquisition of KK Wind Solutions in 2019 has, therefore, been to consolidate and strengthen KK Wind Solutions position as a prominent global supplier within the wind industry; actively contributing to the industry's ongoing maturation. At the time of the acquisition, KK Wind Solutions primarily operated in Europe and had annual sales of app DKK 2 billion. Since then, KK Wind Solutions have become truly global and strategically expanded its portfolio and footprint organically and through acquisitions such that it will have app DKK 7 billon of annual sales post the acquisition of Nissens Cooling Solutions. This latest addition also allows KK Wind Solutions to integrate cooling solutions with power conversion systems and thereby streamlinee and simplify the offerings for its customers.
Jan T. Nielsen, Chief Investment Officer at A.P. Moller Holding: “In the coming years, installations of new renewable energy assets will increase significantly and from A.P. Moller Holding’s perspective, we want to ensure that KK Wind Solution has the size, footprint, and competitive offerings to meet the demand and be an enabler of the growth. We have been laying the foundation that strategically positions KK Wind Solutions to navigate the green energy transition’s commercial and operational demands and it is today among the largest independent platforms servicing the wind turbine manufacturers.”
We are looking for a Senior Communication Specialist.
Are you ready to be a key member of our small, agile communication and branding team? As a Senior Communication Specialist, your role is pivotal in developing and maintaining our digital platforms, such as the website and LinkedIn, while also spearheading the development, maintenance, and implementation of our visual identity. Deadline for application: 22 October 2023
This vessel marks an important step towards the further decarbonisation of the shipping industry
The 172-meter-long vessel is the first of its kind and a symbol of A.P. Moller Group’s long standing purpose of ‘nyttig virksomhed’: to invest in and build businesses that have a positive impact on society. Tomorrow, A.P. Moller - Maersk hosts the official naming ceremony.
We are looking for a Senior Accountant to Group Accounting
Do you want to be working as a key person supporting our investment teams and managing preparation of our annual reports? A.P. Moller Holding offers an attractive role in an international environment, continuous professional and personal development and a unique opportunity to combine your technical competencies with hands-on experience. Deadline for application: 31 May 2023
In connection with the closing of the acquisition of Maersk Supply Service A/S, A.P. Moller Holding has elected a new CEO and Board of Directors
Christian M. Ingerslev will take over the Chief Executive Officer (CEO) position from Steen S. Karstensen, who has headed up Maersk Supply Service since 2016. Christian has more than two decades of leadership and industry experience from energy shipping and has for the past seven years led Maersk Tankers through its transformation.
Martin N. Larsen, CFO of A.P. Moller Holding and new Chair of the Board of Directors for Maersk Supply Service, says: “We are pleased to welcome Christian to Maersk Supply Service. He has shown great leadership in his previous roles and, with Christian at the helm, we are confident that we will have a smooth transition into an independent offshore service company, while preparing Maersk Supply Service to grow its business to further support the energy transition.”
A new Board of Directors for Maersk Supply Service has been appointed, consisting of: Chair Martin N. Larsen, CFO, A.P. Moller Holding, Vice-Chair Morten Engelstoft, former CEO of APM Terminals, Kristin Holth, non-executive positions including Gaslog, Hitecvision, Maersk Tankers and Noble Corp., Maria Pejter, Head of HR, A.P. Moller Holding, and Martin Neubert, Group CIO and Partner, Copenhagen Infrastructure Partners
“Maersk Supply Service will continue to be a strong partner to the offshore oil and gas energy industry while transitioning into a leading offshore maritime company servicing the renewables sector, especially the wind industry. I am therefore very pleased that our new Board of Directors includes strong capabilities from both offshore oil & gas and wind industries,” says Martin N. Larsen, Chair of the Board of Directors for Maersk Supply Service.
During an extraordinary year, A.P. Moller Holding delivered strong results and experienced good momentum on many fronts
A.P. Moller Holding continued its strategy to invest in and develop businesses (‘nyttig virksomhed’) across four selected themes: 1. global trade, 2. the energy transition, 3. circularity, water & waste recovery and 4. demographics & societal changes
The A.P. Moller Group ended 2022 on a historic high note financially, with revenue of DKK 611bn (USD 86bn), EBITDA of DKK 266bn (USD 38bn), a net result of DKK 204bn (USD 29bn), and total assets of DKK 790bn (USD 113bn).
Read the annual ‘Letter from the CEO 2022’
The geothermal energy company Innargi is going to investigate geothermal district heating in Kiel
Today, Innargi has signed an agreement with Stadtwerke Kiel to investigate the potential for geothermal district heating. The investigation is expected to be completed by the end of 2023 and if successful, Innargi is to build and operate several geothermal heating plants in Kiel.
“If we want to succeed in transitioning our energy sector, new tools must be used – and geothermal energy can play an important role in the heat supply of the future. Together with Stadtwerke Kiel, we are now investigating the potential for geothermal district heating, and I am convinced that in a few years, we will be able to make an important contribution towards the green transition of Kiel’s heat supply,” says Samir Abboud, CEO of Innargi.
The acquisition makes KK Wind Solutions the world’s leading converter manufacturer to the wind industry.
Vestas' converter & controls business adds approx. 600 employees as well as three factories in Denmark, India, and China, bringing immediate scale to KK Wind Solutions' operations, doubling their production capacity, and significantly growing the business.
Vincent Clerc has been appointed new CEO of A.P. Moller - Maersk
Vincent is currently CEO of the company’s Ocean & Logistics business and will take over the baton from Søren Skou as per 1 January 2023.
“Søren has contributed to our Group’s development over almost forty years, of which eleven years as CEO for Maersk Tankers, four years as CEO for Maersk Line and close to seven years as CEO for Maersk. During his tenure as CEO of Maersk, Søren has been instrumental in redefining Maersk into a customer centric end-to-end logistics provider with a global leadership position in sustainable transportation solutions. On behalf of the Board, I sincerely thank Søren for his valued leadership and impressive results. I am equally grateful for Søren’s support in the CEO succession review making sure the company does not lose any momentum in its strategic endeavors in a changing and difficult market,” says Robert Maersk Uggla, Chair of the Board at A.P. Moller - Maersk and CEO at A.P. Moller Holding.
Today, A.P. Moller Holding is announcing a new team focused on global growth equity investing – supporting the thematic approach focused on long-term mega trends.
In addition to generating attractive financial results, the objective is to leverage and continue to enhance domain knowledge within our core areas of expertise.
“We are taking the next step in our journey to establishing ourselves as a leading investment house by announcing an increased focus on growth equity, especially targeting later stage investments. We have hired Chetan Mehta, an experienced growth investor, to be based in Copenhagen and he is tasked with establishing a growth team and overseeing the investments. Within growth equity, we will follow our thematic investment approach and be focused on global trade, demographic changes, the energy transition and circularity," says Jan T. Nielsen, Chief Investment Officer at A.P. Moller Holding.
With the ongoing European energy crises, it has become even more important to develop the fourth large renewable energy source, geothermal, which can supply millions of European homes with local, green and price stable heating.
Today, the geothermal energy company Innargi, established by A.P. Moller Holding in 2017, has entered a framework agreement with VEKS, CTR and HOFOR to deliver geothermal district heating to metropolitan Copenhagen. Innargi is already planning to build Europe’s largest geothermal district heating facility in Aarhus, and this new agreement paves the way for the next large scale facility in Denmark.
“First and foremost, this means even more green, stable in price district heating for a great many customers. But the geothermal energy project in metropolitan Copenhagen will also make geothermal energy an attractive source of energy for many medium sized district heating companies nearby”, says Samir Abboud, CEO at Innargi.
In EU, heating accounts for 432 million tons of greenhouse gas emissions every year. Geothermal district heating can play a key role in transforming the European heat supply and thereby contribute to solving the energy crisis. In Germany alone, geothermal has the potential to cover up to 25% of the district heating.
We are looking for a Senior Accountant
Do you have a background in accounting and minimum five years of relevant experience? We are offering a unique role in an international environment with the opportunity to apply your accounting skills in the A.P. Moller Foundation as well as A.P. Moller Holding. Deadline for application: 14 October 2022
We are looking for a part-time Analyst
Do you dream of a career in Investment Banking, Consulting or Private Equity? A.P. Moller Holding’s Investment Team offers an international environment, continuous professional and personal development and a unique opportunity to combine your studies with hands-on experience. Deadline for application: 15 October 2022.
The transaction will enable KK Wind Solutions to extend their global footprint and become the world’s leading converter manufacturer for wind.
KK Wind Solutions has signed an agreement to acquire the converter & controls business from Vestas, including three converter and control panels factories located in Hammel (DK), Oragadam (IN) and Tianjin (CN).
"The renewable energy transition needs to accelerate in pace. For this to happen, the industry needs to mature faster and scale up significantly from where it is today. Vestas and KK Wind Solutions are today taking another important and brave step, and the two companies will jointly strengthen the wind energy supply chain. Through a strategic partnership, Vestas and KK Wind Solutions will drive and continue to take a leading role in maturing the wind industry and the much needed acceleration of the green transition," says Jan T. Nielsen, CIO of A.P. Moller Holding and Chair of KK Wind Solutions.
Global supply chains are the backbone of the global economy, he said.
Massachusetts Maritime Academy is one of the finest maritime academies in the world. Approximately 385 graduates in seven Bachelor of Science programs and three Master of Science programs had their degrees conferred in the ceremony with more than 4,000 family members and friends attending. Click below to read the speech - note that the live version contained some ad-lib.
Photo: Bruce Skinner, Hyperion Photography, hyperionphoto.us
Today is World Day for Safety and Health at Work – an opportunity to reflect on how to reduce the risk of accidents at our workplaces.
While safety is key for all employees and companies in A.P. Moller Group throughout the year, many of our portfolio companies take the opportunity to emphasise the importance of safety today. They do it in different ways, but all with the same objective: to make every day a safe day.
In 2021, we accelerated the portfolio renewal.
For A.P. Moller Holding, 2021 was a year of significant momentum for our long-term strategy of portfolio renewal. The acquisitions of Faerch and Nissens Cooling Solutions were completed, an agreement to acquire Unilabs was signed, and Innargi was established as a stand-alone company.
The year ended on a historic high note with revenue of DKK 408bn (USD 65bn), EBITDA of DKK 154bn (USD 25bn), a net result of DKK 119bn (USD 19bn), and consolidated assets of DKK 579bn (USD 88bn).
After today's General Assembly at A.P. Moller - Maersk, Robert M. Uggla was appointed Chair of the Board
The appointment marks a generational change in the company. Robert M. Uggla represents the founding family and will remain as CEO of A.P. Moller Holding.
Marc Engel, who has served on the Board since 2019, is nominated as Vice Chair
"I am very humbled to accept the nomination as Chair of the company. We initiated the restructuring and renewal of A.P. Moller - Maersk in 2016 and have come a long way on many fronts. I am grateful for Ane and Jim's contributions to the company and their personal support also in the future. I look forward to continuing A.P. Moller - Maersk's transformation in close cooperation with Marc Engel, the Board and management" says Robert M. Uggla.
The acquisition will provide ship owners and operators with an integrated and end-to-end solution for the cost and environmentally efficient optimisation of bunker fuel, from initial enquiry through to supply.
"Today’s announcement is another big step forward in ZeroNorth’s mission to support and enable decarbonisation in the maritime value chain. Adding ClearLynx and their considerable expertise to our offering means that our customers will be able to make the most of a powerful trio of voyage, vessel and bunker optimisations that are linked and working in tandem" says Søren Meyer, CEO at ZeroNorth.
The acquisition is another step in the execution of Faerch’s long-term growth plan and in accelerating the industry’s transition towards circular packaging solutions.
PACCOR Group is the leading rigid dairy packaging player in Europe. The acquisition includes approximately 3,400 employees and 16 factories in Europe, Asia and the US, and the combination will create one of the world's leading rigid food packaging players with a combined footprint of 34 sites and 6,000 employees.
The license covers the Danish capital, Holbæk and Ringsted
Geothermal energy is the fourth major source of renewable energy along with wind, solar and hydro. Originating from the Earth’s interior it can be used for district heating as a green alternative to fossil fuels such as coal and gas. In Denmark, geothermal energy has the potential to heat 600,000 households.
We are looking for a HR Student for our Human Resources team
Do you dream of a career in Human Resources? A.P. Møller Holding’s HR Team offers an international environment, continuous professional and personal development, and an original opportunity to combine your studies with hands-on experience. Deadline for application: 15 December 2021.
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,” says Jan Nielsen, Chairman of the Board at KK Group and CIO at A.P. Moller Holding.
We are looking for a Legal Student Assistant for our Legal team
A.P. Moller Holding offers an exciting and attractive student position in our Legal team within an international environment, continuous professional and personal development, and a unique opportunity to combine your studies with hands-on experience in the holding company behind some of Denmark’s largest enterprises. Deadline for application: 26 October 2021.
A.P. Moller Capital, Emerging Capital Partners, DEG and IFU of Denmark join forces to invest in Eranove.
"This investment in Eranove fits well with our strategy for The Africa Infrastructure Fund, namely, to support sustainable development on the African continent. Supplying reliable and cost-effective energy with low carbon emissions, for corporations and households is a necessity for further development in the continent," concludes Jens Thomassen, Partner at A.P. Moller Capital.
With the acquisition of MCP, Faerch Group enters the US market.
In A.P. Moller Holding, we are proud that Faerch’s sustainable food packaging solutions also becomes available in the US. It is an important market and essential to contribute to the critical societal development of a circular waste system.
We are looking for a Senior Accountant for A.P. Moller Holding’s Family Office
The Family Office supports and administers privately owned investment companies as well as private income and wealth statements. We solve tasks and carry out our work carefully and confidentially. As a Senior Accountant in the Family Office, you will be part of A.P. Moller Holding's accounting function and responsible for accounting and tax in a number of investment companies, etc. Deadline for application: 22 June 2021.
We are looking for a Student Assistant for our Facilities & Events team
Would you like to support our 60 colleagues from A.P. Moller Holding and the affiliated companies, we share an office with? We now offer an attractive student position, giving you exposure to all parts of the organisation, while applying your academic experience to real life challenges. Deadline for application: 30 April 2021.
Our acquisition of Faerch Group, the global leader in sustainable food packaging, has now been completed.
We have appointed a new Board of Directors, which we are proud to welcome. Together with management, they will drive the industry’s transition towards sustainable packaging solutions and a more circular economy.
We are looking for a Tax Consultant
Do you have the desire and skills to work with a wide range of national and international tax assignments? Our tax team offers an exciting opportunity within an international environment, continuous challenges, and plenty of development opportunities. Deadline for application: 30 March 2021.
We are looking for a Student Assistant for our communication team
Do you dream of a career in corporate communication? We offer an international environment, continuous professional and personal development, and a unique opportunity to combine your studies with hands-on experience.
Faerch manufactures sustainable food packaging solutions and is today the market leader of fully circular solutions with its products made from up to 100% post-consumer recycled content and recyclable to new food grade products.
“Today, a lot of plastics and other forms of waste end up in nature, landfills and incinerators, with far-reaching environmental implications. We would like to contribute to the critical societal development of a circular system of waste, with the same material being used and re-used in an endless number of manufacturing cycles. Faerch has demonstrated that it offers a compelling, sustainable solution, by developing food packaging products with a high degree of post-consumer recycled content” says Robert M. Uggla, CEO at A.P. Moller Holding.
Through the Africa Infrastructure Fund 1, A.P. Moller Capital has completed the acquisition of a 49% shareholding in Casablanca-based grain terminal operator Mass Céréales al Maghreb (MCM).
”Today, MCM handles more than half of all grain bulk imports in Morocco and has an ambition to become a leading grain logistic player across Africa. Together with HOLMARCOM, we are proud to support this endeavor, which goes well in hand with our focus on combining attractive investments with a purpose of building sustainable businesses, creating jobs and positively impacting society” says Kim Fejfer, Managing Partner at A.P. Moller Capital.
Based on the preliminary Q3 figures and the current outlook for Q4, A.P. Moller - Maersk changes its full-year guidance for 2020
“A.P. Moller - Maersk is on track to deliver a strong Q3 with solid earnings growth across all our businesses, in particular in Ocean and Logistics & Services. Volumes have rebounded faster than expected, our cost have remained well under control, freight rates have increased due to strong demand and we are growing earnings rapidly in Logistics & Services. The outlook for Q4 is solid for the same reasons, and we are therefore able to upgrade our expectations for the full year” says Søren Skou, CEO of A.P. Moller - Maersk.
The acquisition will further accelerate and strengthen KK Wind Solutions’ capabilities and offerings within digital solutions for the wind industry
“Gram & Juhl is a remarkable company with an impressive track record, and their unique capabilities within condition monitoring are unprecedented in our industry" says Chlinton A. Nielsen, CEO in KK Wind Solutions.
Today ZeroNorth, the recent spin-off from Maersk Tankers, announced their partnership with Cargilll to accelerate the use of digital solutions that decarbonise shipping
Cargill invests in ZeroNorth and commits its entire operated fleet to using the Optimise software to reduce CO2 emissions through digital technology. The increased scale will support ZeroNorth in further developing its offering and growing its customer base.
Diane Greene and Claus V. Hemmingsen are expected to be elected as new members of the A.P. Moller Holding Board of Directors at the annual general meeting 20 April 2020
Ane Mærsk Mc-Kinney Uggla, Chairman of A.P. Moller Holding: “I am delighted to welcome Diane and Claus to the Board of Directors of A. P. Moller Holding. Diane brings a wealth of entrepreneurial, leadership and investment experience from the technology and software industry, with a personal passion for the sea. Claus has an in-depth knowledge of our Group heritage and values, combined with extensive international, commercial and leadership experience from shipping & logistics and the energy markets. I look forward to their contribution to A.P. Moller Holding’s development.”
KK Wind Solutions has been a leader in the wind industry since the 1970s
Jan T. Nielsen, CIO of A.P. Moller Holding: “KK Wind Solutions has an impressive history and is a leader within power electronic systems solutions for wind turbines. As the wind industry has gained momentum globally, KK Wind Solutions must expand its global footprint and follow its customers’ international expansion. With A.P. Moller Holding’s global mindset, network and expertise, we believe we can be a good partner and an engaged owner to support KK Wind Solutions on this exciting journey.”
Aarhus Municipality and A.P. Moller Holding wants to extract green heat from the Earth
A new collaboration between Aarhus Municipality and A.P. Moller Holding could change the heating supply in Denmark. The ambition is to transfer heating from the subsurface to the radiators of 100.000 Aarhus citizens. As such, Denmark’s second-largest city is taking a huge step towards combustion-free district heating.
Jan comes from a position as Senior Managing Director of Blackstone
Robert M. Uggla, CEO of A.P. Moller Holding: “I am delighted to welcome Jan to A.P. Moller Holding. Jan brings sound values and a wealth of experience from various investment related roles in Europe, U.S. and Asia. As a Partner of Blackstone, Jan has established a strong record in building teams and developing companies in vastly different markets.” Robert M. Uggla continues: “With Jan onboard, A.P. Moller Holding takes an important step in our company’s development: to review and implement our future investment and portfolio strategy, including building a great investment team.”
The Ocean Cleanup is an international non-profit project with the mission of ridding the world’s oceans of plastic, and since 2018, different technologies have been tested with the support of Maersk Supply Service’s and A.P. Moller - Maersk’s logistics and marine activities.
Maersk Supply Service, A.P. Moller - Maersk and The Ocean Cleanup have agreed to extend their collaboration to complete the validation of the system. Maersk Supply Service and A.P. Moller - Maersk will provide support to the program, which includes project management, the operation of two Maersk Supply Service vessels towing the system as well as logistics services for waste collection and transportation for recycling. At the same time, the A.P. Moller Foundation will provide a one-time grant to The Ocean Cleanup.
Robert M. Uggla, CEO of A.P. Moller Holding and Chair of A.P. Moller - Maersk: “The Ocean Cleanup holds an important mission to remove plastics from the oceans, one of the biggest environmental challenges of our time. Today plastic pollution impacts hundreds of marine species and it contaminates the marine food chain with toxic pollutants. With this in mind, Maersk Supply Service, A.P. Moller - Maersk and the A.P. Moller Foundation have decided to extend support to The Ocean Cleanup to finalise and validate their technology and system.”
C2X is an independent company aimed to build, own, and operate assets to produce green methanol at scale.
Methanol is one of the most traded chemical commodities globally and is a fundamental building block in many everyday products including plastics, glues, textiles, and other applications. However, the methanol used today is almost exclusively made from fossil fuel sources, with natural gas and coal being the most common feedstocks. This can be directly replaced by new supplies of green methanol made from e-methanol, based on renewable energy, or bio methanol from agricultural and forestry crops and waste. Furthermore, based on new engine technology, green methanol can also be used as fuel to reduce fossil emissions in hard-to-abate industries such as long-distance shipping.
“There is a pressing environmental requirement to scale the production of green methanol. C2X was founded to enable the energy transition in several hard to abate industries, including plastics, glues, textiles, and fuels. I am delighted to see the talented team, who has joined C2X, and the strong interest from partners and prospective customers to support the venture’s important purpose and development,” says Robert M. Uggla, CEO of A.P. Moller Holding.
C2X is majority owned by A.P. Moller Holding with A.P. Moller - Maersk as minority owner.
We are looking for a Public Equities Analyst - Student Assistant
Do you dream of a career in Portfolio Management or Trading? A.P. Moller Holding offers an exciting and attractive student position in our Public Equities Team within an international environment, continuous professional and personal development and a unique opportunity to combine your studies with hands on experience in the Holding Company behind some of Denmark’s largest enterprises. Deadline for application: 21 September 2023
Tina Revsbech will join Maersk Tankers as its new CEO, bringing more than 30 years of industry experience. Tina will replace Christian M. Ingerslev, who has been appointed CEO of Maersk Supply Service
Robert M. Uggla, Chair of the Board of Directors, says: “The Board of Maersk Tankers is very pleased to announce Tina Revsbech as the new CEO of Maersk Tankers. Tina holds extensive leadership experience and an outstanding commercial record. She has worked and lived on three continents with an ability to develop strong customer relationships, build high performing teams, and address global supply challenges through innovative shipping solutions.”
Uggla continues: “Tina joins Maersk Tankers at a crucial time in shipping with energy security disrupted and global energy markets increasingly fragmented due to geopolitical developments. At the same time, the industry is facing the beginning of a green transition with implications and opportunities for many parts of the value chain. I am confident that Tina and her colleagues will continue to provide valued and impactful solutions to our customers, pool partners, and society during these uncertain times.”
The Board of Directors extends its gratitude to Christian M. Ingerslev for his long service to Maersk Tankers, including close to seven years as CEO.
Robert M. Uggla: “On behalf of Maersk Tankers, I sincerely thank Christian for his many contributions to the company over the last twenty-five years. As CEO, Christian spear-headed the separation of the tanker activities from A.P. Moller - Maersk in 2017, restructured the business and developed new activities such as ZeroNorth. I am excited to see Christian become CEO of Maersk Supply Service and look forward to following him in his new role.”
We are looking for two part-time Investment Analysts
Do you dream of a career in Investment Banking, Consulting or Private Equity? A.P. Moller Holding’s Investment Team offers an international environment, continuous professional and personal development and a unique opportunity to combine your studies with hands-on experience. Deadline for application: 24 April 2023.
A.P. Moller Holding today announces that it has entered into an agreement to acquire Maersk Supply Service from A.P. Moller – Maersk
"The capabilities and vessels Maersk Supply Service have built over more than 50 years supporting the oil and gas energy industry are much needed within offshore renewable energy, especially in the wind industry. As new owners we will drive a transition of Maersk Supply Service to over time become a leading offshore marine company servicing the offshore wind industry. At the same time, we are pleased that this concludes the separation of energy related activities from A.P. Moller – Maersk as initiated in 2016,” says Martin Larsen, CFO at A.P. Moller Holding.
Verity is the global leader in autonomous indoor drone systems for warehouses
"The company’s unique fully automated solution is popular with customers and is generations ahead of competitors. We believe the company is poised for significant further expansion in the years ahead—particularly given the significant push towards warehouse automation and supply chain efficiency around the world,” says Chetan Mehta, Head of Growth Equity at A.P. Moller Holding.
The geothermal energy company Innargi has taken a large step towards expanding large scale geothermal heating across Europe
Today, Innargi has signed an agreement with Veolia to explore the potential for geothermal district heating in Poznań, Poland. Introducing geothermal energy will contribute to decarbonise district heating and improve the air quality in Poznań – and potentially many other cities.
“We expect that the pioneering geothermal project in Poznań will demonstrate the substantial potential of geothermal energy for large district heating systems in Central and Eastern Europe. According to McKinsey research, geothermal energy has the potential to cover heat demand of 33% of district heating systems in Poland by 2045. Geothermal is not dependent on weather conditions, such as wind or sun. Once in operation, geothermal plants are pollution-free, quiet and discrete. They don’t require large spaces and blend well into the urban landscape,” says Samir Abboud, CEO for Innargi.
A part of A.P. Moller Holding’s ownership model is to attract and retain world class Board members for the stewardship of our companies.
In March, A.P. Moller Holding acquired Unilabs, a leading European diagnostic services provider. Now the company announces a new Board of Directors, comprising eight highly skilled individuals with a relevant combination of experiences and skills to ensure the long-term success of the business. The new Chair of the Board is Marc Engel, who is also Vice Chair of the Board at A.P. Moller - Maersk:
“Diagnostics is at the heart and start of every effective treatment and, increasingly, at the heart of illness prevention (…) I am honoured to have been appointed as the Chair of the new Board, comprised of esteemed colleagues who bring rich experience, diverse insights, and a wealth of subject matter expertise. I am grateful to the owners for their belief in our ability to enable Unilabs to achieve its fullest potential. With its passionate, talented, and committed thousands of people, I am confident the company will go from strength to strength,” says Marc Engel, new Chair of the Board.
RIMED is a leading Swiss diagnostic radiology company.
By merging RIMED’s 18 radiology sites and Unilabs’ five radiology centres, the partnership creates a new nationwide high-performance network within private radiological diagnostics. And there is a large potential for diagnostic disciplines such as pathology, genetics, and biology as well.
"We are very pleased to welcome RIMED to the Unilabs family. Thanks to this merger, we will be able to expand our reach and provide more patients with high-quality diagnostics. RIMED's world-class radiology services will be part of our integrated clinical diagnostic capabilities. Combining radiology, digital pathology, genetics, and clinical analysis services will allow us to provide 360° medical diagnostics to Swiss patients. Finally, integrated diagnostic care has a face: Unilabs and RIMED, two reliable, innovative, and cost-effective healthcare service providers," says Alessandre Keller, General Manager of Unilabs Switzerland.
Congratulation to all involved parties in creating the leading player in offshore drilling with a modern, high-end fleet of rigs and an industry leading operation performance.
The merger between Maersk Drilling and Noble is complete. The combined company will carry the Noble name and its 4,500 employees will be headquartered from Houston.
We are looking for a Student Assistant for Facilities & Events
Would you like to support our 50 colleagues from A.P Moller Holding? We are offering an exciting and attractive student position in our Facilities & Events team within an international environment, continuous professional and personal development and a unique opportunity to combine your studies with hands-on experience. Deadline for application: 15 October 2022
PACCOR Group is the leading rigid dairy packaging player in Europe.
"As owners of Faerch, our vision and mission is to facilitate the acceleration of post-consumer recycled materials and circularity in food packaging. With the acquisition of PACCOR, Faerch is taking an important and sizeable step into the dairy sector where circularity remains underpenetrated. With Faerch’s IP and knowhow this can now change for PACCORS’s dairy customers" says Jan Nielsen, CIO at A.P. Moller Holding.
The US drilling company Noble Corporation has today made a share exchange offer to the shareholders of Maersk Drilling following up on the agreement from November 2021 to combine the two companies and create a world-class offshore driller.
A.P. Moller Holding, which holds approximately 42% of Maersk Drilling’s share capital and voting rights supports the combination of the two companies and will accept the exchange offer.
”A.P. Moller Holding is highly supportive of the combination of Maersk Drilling and Noble, which offers a compelling customer proposition, building on both companies’ extensive operational capabilities. Further, the combined company will hold a modern fleet, a financially strong balance sheet and operations with potential for significant synergies,” says Robert M. Uggla, CEO of A.P. Moller Holding.
Information about the exchange offer is available in both Danish and English language versions on Maersk Drilling’s website.
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.
We are looking for a Student Assistant for Communication
Are you a digital native with an excellent sense of business and an eye for the detail? Are you motivated by working in a purpose driven company with a highly international environment? Do you thrive with a broad variety of communication tasks and a large degree of responsibility? Then we offer you a unique opportunity to combine your communications studies with hands-on experience. Deadline for application: 6 June 2022.
We are looking for a part-time Analyst
Do you dream of a career in Investment Banking, Consulting or Private Equity? Our investment team offers an international environment, continuous professional and personal development, and a unique opportunity to combine your studies with hands-on experience. Deadline for application: 29 April 2022.