China’s CIMC to acquire Maersk Container Industry at $987.3 mn
WAREHOUSING & LOGISTICS

China’s CIMC to acquire Maersk Container Industry at $987.3 mn

China International Marine Containers (CIMC) is set to acquire reefer plant Maersk Container Industry, an AP Moller-Maersk subsidiary, at $987.3 million.

CIMC will acquire MCI entirely and assets, which comprise a reefer factory in Qingdao, China, and its R&D and test engineering plants in Tinglev, Denmark.

CEO of fleet and strategic brands at A P Moller – Maersk, Henriette Hallberg Thygesen, told the media that the divestment of MCI is part of A P Moller – Maersk’s business transformation, where the the goal is to be an integrated container transport and logistics firm producing customer value across the entire supply chain.

Chairman and CEO of CIMC, Mai Boliang, told the media that by leveraging technology, and innovation they aim to form a new development platform within the cold chain.

Chinese companies now account for an estimated 100% of the world’s refrigerated containers and over 96% of the world’s dry cargo containers.

Image Source


Also read: Allcargo Logistics to foray into container terminal operation business

China International Marine Containers (CIMC) is set to acquire reefer plant Maersk Container Industry, an AP Moller-Maersk subsidiary, at $987.3 million. CIMC will acquire MCI entirely and assets, which comprise a reefer factory in Qingdao, China, and its R&D and test engineering plants in Tinglev, Denmark. CEO of fleet and strategic brands at A P Moller – Maersk, Henriette Hallberg Thygesen, told the media that the divestment of MCI is part of A P Moller – Maersk’s business transformation, where the the goal is to be an integrated container transport and logistics firm producing customer value across the entire supply chain. Chairman and CEO of CIMC, Mai Boliang, told the media that by leveraging technology, and innovation they aim to form a new development platform within the cold chain. Chinese companies now account for an estimated 100% of the world’s refrigerated containers and over 96% of the world’s dry cargo containers. Image SourceAlso read: Allcargo Logistics to foray into container terminal operation business

Related Stories

Hi There!

Now get regular updates from CW Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Construction News on Whatsapp! Enjoy

+91 86574 75330

Reach out to us

Call us at +91 8108603000 or

Schedule a Call Back