AP Moller Capital targets stake in Pristine Logistics & Infraprojects

10 May 2024 CW Team

Denmark-headquartered Infrastructure fund manager A.P. M?ller Capital P/S, which is a part of the A.P. Moller Group, is among the entities interested in purchasing the stake currently held by private equity firm Global Infrastructure Partners in Pristine Logistics & Infraprojects, a logistics firm with a focus on railways. Global Infrastructure Partners, which was acquired by asset management giant BlackRock for $12.5 billion in a global deal earlier this year, currently holds a 57 per cent stake in Pristine Logistics & Infraprojects.

The private equity firm intends to exit its investment in Pristine Logistics & Infraprojects as it approaches the end of its fund life. A.P. Moller Capital concentrates on critical infrastructure investments within the transportation and energy transition sectors, backed by Danish and international institutional investors.

Robert M Uggla, who serves as the Chairman of A.P. Moller Maersk A/S, also holds the position of Chairman at A.P. Moller Capital.

Pristine Logistics & Infraprojects was established in 2008 by Amit Kumar and Rajnish Kumar, former Indian Railways officers who left the Indian Railways Traffic Service (IRTS).

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