Danish Investment Company A.P. Moller Holding Completes Acquisition of Svitzer

On May 16, 2025, Danish investment company A.P. Moller Holding announced the successful completion of its all-cash voluntary recommended purchase offer for the issued shares of Svitzer, a prominent towage services provider based in Denmark. A.P. Moller Holding now holds 93.4% of the share capital and voting rights in Svitzer, equivalent to 29,462,147 shares and voting rights, through its subsidiary APMH Invest.

Following the acquisition, A.P. Moller Holding intends to acquire the remaining shares in Svitzer compulsorily and proceed with the delisting of Svitzer’s shares from Nasdaq Copenhagen. The delisting process is anticipated to be finalized no later than May 22, 2025.

Previously a publicly traded company, Svitzer now transitions to a private entity under the ownership of A.P. Moller Holding. This strategic move aims to facilitate closer collaboration between the two entities and strengthen Svitzer’s market position in the towage and maritime services sector.

Martin Larsen, CFO of A.P. Moller Holding, expressed gratitude towards Svitzer’s shareholders for their trust and support throughout the acquisition process. Larsen emphasized the commitment to working closely with Svitzer’s management team to enhance the company’s competitiveness and ensure its continued leadership in the industry.

About Svitzer

Established in 1833 and headquartered in Copenhagen, Svitzer operates globally with a workforce of approximately 4,000 employees and a fleet of 456 vessels serving 141 ports and 40 terminals worldwide. As a member of the A.P. Moller Group, Svitzer will maintain its operational independence under existing leadership while retaining the Svitzer brand.