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Maersk completes acquisition of Danish project logistics specialist

A.P. Moller - Maersk has completed the acquisition of Martin Bencher Group, a Danish project logistics expert with capabilities within non-containerised project logistics and global operations.

"With the addition of Martin Bencher, we are strengthening our ability to offer project logistics services to our global clients while providing a more comprehensive offering to a wide array of industries," said Karsten Kildahl, Maersk's regional managing director in Europe.

"As such, Martin Bencher really is an excellent fit to Maersk and our integrator strategy," added Karsten Kildahl.

The enterprise value of the transaction is approximately US$61 million on a post-IFRS16 basis as announced on 5 August 2022 assuming an unchanged foreign exchange rate.

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