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22 October 2021 The on-line newspaper devoted to the world of transports 21:31 GMT+2

September 28, 2021

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Maersk Group sells construction activities of Chinese container CIMC

Maersk Container Industry will change hands for over a billion dollars

The long phase of reduction of the presence of the shipowning group Danish A.P. Møller-Mærsk in the construction market of containers in which it operates through the company in its entirety Maersk Container Industry (MCI), founded in 1991, which is started with the exit from the container production segment for dry loads ( of 3 January 2019), ended with the announced sale of MCI to china's China International Marine Containers (Group) Co. (CIMC) ( of 10 June 2021). Sale includes reefer container factory in Qingdao, China, and the facilities of research and development and engineering in Tinglev, Denmark.

The total value of the transaction, which is expected to be completed by next year, will be 1.08 billions of dollars. MCI staff, consisting of 2,300 employees, will become an employee of CIMC.

Last year MCI's revenues amounted to 3.78 billion of Danish kroner (595 million dollars), down -2.8% on the previous annual year, and the profit after tax is state of 173.9 million Danish kroner (+11.2%).

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