A.P. Møller – Mærsk divests small tanker segment to Thun
A.P. Møller - Mærsk A/S has sold part of its small tanker segment to the Swedish Thun group. Thun already owns a 50% share in 12 of the 13 vessels which are included in the transaction. The last vessel is wholly-owned by A.P. Møller – Mærsk. Broström, which forms part of A.P. Møller – Mærsk, has operated the vessels. The transaction also includes commercial contracts and employees, and forms part of A.P. Møller – Mærsk’s drive to focus its business on fewer segments. The transactions is subject to antitrust approval in Norway.
A.P. Møller - Mærsk A/S was advised by Mannheimer Swartling in the transaction. The firm's team was led by partner Johan Ljungberg assisted by associates Emma Olnäs Fors (project leader) and Isabel Frensborg (M&A), partner Stefan Brocker and associate Johan Sundqvist (Shipping) and partner Henric Diefke and associate Bita Pourmotamed (Employment).