Maersk’s biggest shareholder makes $1.3B offer for tugboat operator Svitzer
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 02 2025
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Source: SeekingAlpha
Acquisition Offer: A.P. Moller Holding, the investment arm of A.P. Moeller-Maersk, has made an all-cash offer to acquire the remaining shares of Svitzer Group, valuing the company at approximately 9 billion kroner ($1.3 billion).
Background on Svitzer: Svitzer, which operates a fleet of tug boats and provides various marine services, was previously part of A.P. Moeller Maersk before it demerged and listed on Nasdaq Copenhagen last year.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
