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Erria acquires Maersk activities in Vietnam

Erria has acquired APM Terminals' land-based activities in Vietnam together with its long-term Vietnamese partner, Saigon Shipping. The acquisition gives Erria a significant, immediate growth.

Photo: ERRIA

Ship management and consulting company Erria will purchase APM Terminals' 51 percent ownership share in Vietnamese container service business APM-Saigon Shipping Limited Liability Company. According to a press release from Erria on Thursday, the company is the leading Inland Container Service provider in Vietnam, with approximately 300 employees handling around 350,000 containers a year in 10 different locations in Vietnam.

"This transaction gives Erria a significant and immediate growth and helps ensure that Erria executes its strategic growth ambition as presented at the general assembly in April. We are pleased with this long-term investment in Vietnam. In Erria Container Services, we've found a company with similar values and excellent management team," says CEO Henrik N. Andersen, Erria A/S, who points out that the acquisition will have a positive effect on Erria's revenue as early as this year.

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