Deal will strengthen the handling of project logistics
AP Moller-Maersk (Maersk) has reached an agreement to acquire Aarhus, Denmark headquartered Martin Bencher Group, a Denmark-based project logistics company with premium capabilities within non-containerised project logistics, according to a recent press communique.
Martin Bencher was founded in 1997 and is an asset-light logistics provider that specialises in project logistics. Martin Bencher’s core capability is designing end-to-end project logistics solutions for global clients, and the company´s competitive strengths include deep industry expertise, a solid track record, long-term stakeholder relationships as well as a highly skilled organisation.
“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,” asserted Karsten Kildahl, Regional Managing Director-Europe, Maersk.
With the intended acquisition of Martin Bencher, Maersk will also introduce a new product, Maersk Project Logistics, the press note continued.
“Together with Maersk, we will have the scale, commitment, and capabilities to handle the entire logistics scope of work for clients around the world as well as expand into new industries,” commented Peter Thorsoe Jensen, CEO, Martin Bencher.
The value of the transaction is valued at US$ 61mn (enterprise value), the press statement concluded.