From GlobeNewswire: 2025-05-16 02:01:00

APMHI, a subsidiary of A.P. Møller Holding, has successfully completed its all-cash purchase offer for Svitzer Group A/S, acquiring approximately 93.4% of the shares. The settlement is expected to be completed by May 20, 2025, with a price per share of DKK 277 for the remaining minority shareholders. APMHI will initiate compulsory acquisition on May 23, aiming to delist Svitzer shares from Nasdaq Copenhagen A/S by May 22, 2025. For more information, contact Michael Nass Nielsen at [email protected].

Svitzer, a global towage and marine services provider, was founded in 1833 and serves over 2,000 customers in more than 140 ports across 37 countries. The Offer to purchase Svitzer shares will be made through the Offer Document, and it will be settled in cash. Shareholders in the United States should consider the differences in Danish and U.S. disclosure and procedural requirements when participating in the Offer. Forward-looking statements in this release reflect APMHI’s current views and assumptions for future events.



Read more at GlobeNewswire: APMH Invest has announced completion of the all-cash