3i Infrastructure and AMP Capital to buy Esvagt for $607 mln
COPENHAGEN, July 7 (Reuters) - Private equity firms 3i Infrastructure and AMP Capital have agreed to jointly acquire Danish shipping company Esvagt, shipping and oil group A.P. Moller-Maersk said on Tuesday.
The deal values Esvagt at 4.1 billion Danish crowns ($607 million).
A.P. Moller-Maersk controls 75 percent of the shares in Esvagt while the rest is controlled by a group of individual investors.
Esvagt has a fleet of 53 vessels and is a provider of offshore safety and support at sea primarily in and around the North Sea and the Barents Sea.
($1 = 6.7594 Danish crowns) (Reporting by Ole Mikkelsen; Editing by Mark Potter)