
A.P. Møller Holding A/S, the company of
investments of the Mærsk family that controls the group
Danish shipowner A.P. Møller-Mærsk, of which A.P.
Møller Holding owns 41.51% of the share capital, has
presented through the wholly-owned subsidiary
APMH Invest A/S (APMHI) an offer to acquire the entire capital
shareholding of Svitzer, a company that operates mainly in the
towing services sector in ports and offshore industry
with a fleet that as of December 31 was made up of 446 vehicles
Naval.
AMPHI currently already holds 47.0% of the share capital
Svitzer shareholder of which he is the main shareholder. The
Price offered is DKK 285 per share
of Svitzer, which assigns to the entire share capital of the
company worth around 9.0 billion Danish kroner (1.2 billion
billion euros). The independent directors of Svitzer
unanimously resolved to recommend to shareholders
acceptance of the offer. La A.P. Møller og Hustru
Chastine McKinney Møllers Familiefond, a foundation that is
was established in 1953 by the shipowner A.P. Møller and which
owns 9.83% of the share capital of A.P. Møller-Mærsk
and 9.9% of the share capital of Svitzer, has subscribed to a
binding agreement of acceptance of the offer.
A.P. Møller Holding has announced that if, upon completion of the
AMPHI will hold more than 90% of the share capital of the offering.
and voting rights of Svitzer will initiate the
procedure for the acquisition of the remaining share as provided
by the Danish Companies Act. In addition, if AMPHI obtains
the number of actions necessary to implement a delisting, will be
filed an application to remove Svitzer from the list of
Nasdaq Copenhagen stock market. AMPHI expects that the offer
will be completed by 2 May next or around
that date.