Maersk completes Martin Bencher Group buyout

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A.P. Moller – Maersk has announced the completion of its acquisition of Martin Bencher Group on 4 January. 

The enterprise value of the transaction is approximately $61m on a post-IFRS16 basis as announced on 5 August 2022 assuming an unchanged foreign exchange rate. 

The Martin Bencher Group is a highly reputable Danish Project Logistics expert with premium capabilities within non-containerised project logistics and global operations. 

They specialise particularly in designing end-to-end project logistics solutions for global clients, and focus on Health, Safety, Security and Environment (HSSE).

READ: Maersk arranges contingency plans amid labour disruption

Regional Managing Director in Europe of Maersk, Karsten Kildahl, said: “With the addition of Martin Bencher, we are strengthening our ability to offer project logistics services to our global clients while providing a more comprehensive offering to a wide array of industries.”  

On their new partnership with Maersk, CEO of Martin Bencher, Peter Thorsoe Jensen, said: “Together, we can attain our full potential and will bring the scale, commitment, and capabilities to handle the entire logistics scope of work for clients around the world.”

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