Carriers

Svitzer is ready to snap up competitors after demerger from Maersk

The towage operator has the financial power to acquire competitors even though the owner Maersk has withdrawn major dividend.
"We are certainly open to acquisitions," says Svitzer CEO Kasper Nilaus. The tugboat company is in the process of being spun off from Maersk to be listed on the Copenhagen Stock Exchange. | Photo: Pr-foto
"We are certainly open to acquisitions," says Svitzer CEO Kasper Nilaus. The tugboat company is in the process of being spun off from Maersk to be listed on the Copenhagen Stock Exchange. | Photo: Pr-foto
by DAG HOLMSTAD

Svitzer is going public as an independent shipping company and announces that it would like to buy up competitors.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs