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).

Infrastructure Urban

08 Apr 2026

UniAcoustic, Vicoustic Form UniVicoustic Alliance

UniAcoustic, part of United Group, has acquired a strategic stake in Portugal-based Vicoustic, forming a new alliance branded as UniVicoustic. The agreement, signed in Mumbai, marks a significant cross-border partnership aligned with evolving India–EU trade dynamics.The collaboration brings together Vicoustic’s global expertise in architectural acoustic products with UniAcoustic’s manufacturing scale and distribution capabilities. The combined platform aims to expand market reach, integrate technology and optimise supply chains across key regions.The development comes amid progress in th..

Dalmia Bharat, Delhi PWD Revamp Under-Flyover Spaces

Dalmia Bharat has partnered with the Public Works Department (PWD), Government of Delhi, to redevelop select under-flyover spaces and a road stretch into sustainable urban hubs. The agreement covers key locations including Lodhi Flyover, Oberoi Flyover, Mangi Bridge and Hanuman Setu.Under the initiative, the company will undertake design, landscaping, plantation and long-term maintenance of the sites, with a defined upkeep period of three years after completion. The project aims to improve urban aesthetics while promoting environmental sustainability and biodiversity restoration in high-densit..

Versigent Debuts as Independent NYSE-Listed Company

Versigent has launched as an independent publicly traded company following its separation from Aptiv, with shares commencing trading on the New York Stock Exchange under the ticker “VGNT”. The move marks a significant milestone in the company’s transition into a standalone global player in power distribution systems.The company specialises in the design, manufacturing and delivery of low- and high-voltage electrical architectures, supported by engineering centres across four continents and manufacturing operations in over 25 countries.Versigent reported revenues of $8.8 billion, net inco..