Mærsk sells 48-year-old subsidiary

Shipping giant A.P. Møller – Mærsk has announced an agreement to sell two of its subsidiaries, Mærsk Training and Mærsk H2S Safety Services, to the private equity firm Open Gate Capital. This divestment marks a strategic move by Mærsk to streamline its operations and concentrate on its core business areas.

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The sale reflects Mærsk's continued focus on the development of its strategic brands and acknowledges the strong positions that Mærsk Training and Mærsk H2S Safety Services have established in the market.

Mærsk Training, established in 1978 following an accident that highlighted the need for better education, offers specialized training, competence development, and safety services across various sectors, including energy, shipping, renewable energy, and logistics. The company has a global presence, operating in nine countries: Denmark, Brazil, India, Japan, Malaysia, Norway, the United Arab Emirates, the United Kingdom, and the United States.

David Skov, CEO of Mærsk Training, described the sale as a "significant milestone," acknowledging the strong business built over more than 40 years. He expressed enthusiasm for the opportunities ahead under a new owner experienced in creating long-term value, stating, "While many of us are proud of our Mærsk heritage, we are equally looking forward to the opportunities this next chapter offers under an owner who has experience in creating long-term value and will support our strategic focus."

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The agreement is a recognition of the strong business we have collectively built over the past more than 40 years.

Mærsk H2S Safety Services, the other subsidiary being sold, provides gas leak detection equipment and safety services specifically for the energy industry. Mærsk Training has reportedly been on the market since 2023. The transaction is anticipated to conclude later this year, and until then, both companies will continue to operate normally as part of the Mærsk group. Financial details of the sale have not been disclosed in the press release.

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While many of us are proud of our Mærsk heritage, we are equally looking forward to the opportunities this next chapter offers under an owner who has experience in creating long-term value and will support our strategic focus.