A.P. Moller – Maersk (Maersk)’s global shipbroking company, Maersk Broker, has concluded a management and employee buyout from the Mc-Kinney Møller family.
The rebranding announcement was made by Maersk Broker on 29 December 2023. The Maersk subsidiary was created in 1914 and has since been privately held by the Mc-Kinney Møller family.
The ownership transition is reportedly predicated on the seller and buyer’s shared desire to maintain the company’s 110-year tradition and ensure its long-term position under a new name and ownership structure.
According to Maersk Broker, MB Shipbrokers will be the company’s new name, with no modifications to the institution’s operations.
Kristian Mørch, Chairman of the Board of Maersk Broker, said: “The owners and the Board of Directors have for some time explored different ownership structures to ensure the company remains strongly positioned for the future.
“Acknowledging the unwavering commitment of the management and employees to preserve the legacy and values that have been the foundation for Maersk Broker’s success for generations, we believe they are the right owners to ensure the continued success of the company in decades to come.
“On behalf of the owners and the Board of Directors, we wish the company Godspeed in their future endeavours.”
More recently, the City of Yokohama, Mitsubishi Gas Chemical (MGC) and Maersk signed a Memorandum of Understanding (MoU) for the development of green methanol bunkering infrastructure at the Port of Yokohama, Japan.