Maersk to Sell Training Subsidiary
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Maersk to Sell Training Subsidiary
A.P. Moller - Maersk has entered into an agreement to sell Maersk Training and its subsidiary Maersk H2S Safety Services to Open Gate Capital, an industrial, corporate carve-out specialist.For more than four decades, Maersk Training has provided specialized training…
OpenGate Capital to acquire Maersk Training, the Global Safety Training and Gas-Safety Services Business of Maersk - Cyprus Shipping News
OpenGate Capital, a global private equity firm, announced today that it has signed a definitive agreement to acquire Maersk Training and its subsidiary Maersk H2S Safety Services. The company, a provider of global safety training and gas safety services, is being carved out from A.P. Møller - Mærsk A/S, a listed integrated logistics company. Headquartered
Maersk sells training arm to OpenGate
Maersk has agreed to sell Maersk Training and its subsidiary Maersk H2S Safety Services to US private equity firm OpenGate Capital. Financial terms were not disclosed. The transaction remains subject to regulatory approvals and customary closing conditions, with completion expected later this year. Maersk Training will continue to operate as part of the Danish shipping …
NEW YORK & PARIS--(BUSINESS WIRE)--OpenGate Capital (“OpenGate”), a global private equity firm, announced today that it has signed a definitive agreement to acquire Maersk Training and its subsidiary, Maersk H2S Safety Services. The company, a provider of global safety training and gas safety services, will be formed from A.P. Møller - Mærsk A/S (MAERSK A:CPH), a publicly listed integrated logistics company.
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