UK Markets closed

Maersk to acquire Denmark-based logistics firm Martin Bencher Group

  • Oops!
    Something went wrong.
    Please try again later.
·1-min read
Vaga Maersk container ship is moored in the port of Saint Petersburg
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

COPENHAGEN (Reuters) - Shipping group A.P. Moller-Maersk said on Friday it had agreed to buy Danish logistics company Martin Bencher Group in a deal valued at $61 million.

"Martin Bencher will be an excellent fit to Maersk and our integrator strategy, strengthening our ability to provide project logistics services to our global clients," said Maersk's Regional Managing Director in Europe, Karsten Kildahl.

Headquartered in Aarhus, Denmark, Martin Bencher operates in 23 countries with 170 employees and specialises in moving oversized cargo.

The deal is subject to regulatory approvals, Maersk said.

(Reporting by Nikolaj Skydsgaard; editing by Jason Neely)

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting