A.P. Møller - Mærsk A/S (CPSE:MAERSK B) acquired HUUB from the founders, existing financial investors and also holders of stock options incentive plan rights for 14 million.
September 14, 2021
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A.P. Møller - Mærsk A/S (CPSE:MAERSK B) acquired HUUB from the founders, existing financial investors and also holders of stock options incentive plan rights on September 1, 2021. Following the transaction, Maersk Growth as well as the rest of the investors are exiting the company. Nuno Azevedo Neves of DLA Piper UK LLP acted as legal advisor to A.P Moller.
A.P. Møller - Mærsk A/S (CPSE:MAERSK B) completed the acquisition of HUUB from the founders, existing financial investors and also holders of stock options incentive plan rights for 14 million on September 1, 2021.
A.P. Møller - Mærsk A/S is the world's leading maritime transport company. The group's activity is organized around two sectors:
- maritime freight transport : at the end of 2023, operated a fleet of over 707 vessels (container vessels, tugs, supply vessels, gas carriers, and other specialized transporters). The group also offers port and logistical services;
- other: primarily activities related to shipyard construction, factory management (plastic and rubber products), and business holdings.
Net sales are distributed geographically as follows: Denmark (1.7%), United States (22.4%), China and Hong Kong (5.5%), Germany (3.3%), the United Kingdom (3.6%), Netherlands (3 .1%), Brazil (2.8%), Mexico (2.7%), India (2.7%), Spain (2.6%), Australia (2.5%), Singapore (1.9%) %), Costa Rica (0.7%) and others (44.5%).
A.P. Møller - Mærsk A/S (CPSE: MAERSK B) acquired HUUB from the founders, existing financial investors and also holders of stock options incentive plan rights for €14 million.