Businesses with a positive impact on society

“… the ultimate aim is not so much a high dividend distribution, as the build-up of useful activities.”

A.P. Møller, 1953

virksomhed’ is at the core of what the A.P. Moller Group does

The A.P. Moller Group is a diversified group of industry leading companies, independently run with dedicated boards and executive teams.

Though they operate in different sectors and industries, every A.P. Moller Group company delivers a service or product that has a positive impact on society – ‘nyttig virksomhed’. This shared underlying purpose ties the Group together – along with our values, heritage, and a close association to the Maersk name.

'Nyttig virksomhed’ builds on A.P. Møller’s life goal of ‘being useful in the context of society’, which can take many forms. For example, A.P. Moller – Maersk enables global trade, KK Wind Solutions is key to the green transition, and Faerch innovates sustainable food packaging. ‘Nyttig virksomhed’ is also a key criteria when expanding the Group and sowing the seeds for a successful future.

A.P. Moller Holding is the Group’s parent company. Ultimately, the Group is owned by the A.P. Moller Foundation.

‘Nyttig

29bn net asset value*

86bn

consolidated revenue*

145,000+ employees

100+

years of heritage

We drive long-term momentum and impact

The Group’s activities lie within four overall themes, all relevant for multiple business cycles.

GLOBAL TRADE

Global trade is key to prosperity as it enables income and growth for people and societies. We enable global trade in different ways, for example by facilitating more efficient logistics for countries and companies across the globe and by building critical infrastructure.

CIRCULARITY, WATER & WASTE RECOVERY

Global consumption of resources is under pressure. More sustainable replacements are being adapted and the use and utilisation of resources must be optimised. We are committed to the development towards circular rather than linear production and consumption models.

THE ENERGY TRANSITION DEMOGRAPHIC & SOCIETAL CHANGE

Our societies depend on a steady and reliable energy supply. At the same time, our planet needs to urgently transition from hydrocarbon based energy to sustainable energy sources. We are focused on helping to make this transition possible in a way that is reliable, secure, and responsible.

Across both mature and emerging economies, population demographics are changing. These slow-moving but largely inevitable demographic and societal factors are transforming our societies. We investigate digital and automated ways of working to address the welfare challenges arising from demographic change.

A.P. Moller – Maersk

The global leader in shipping activities, working to connect and simplify its customers’ supply chains.

Revenue 2022: USD 82bn

Employees: 100,000+

A.P. MOLLER HOLDING

Faerch

A leading supplier of circular packaging solutions to the global food industry, serving leading food manufacturers and retailers around the world.

Revenue 2022: EUR 0.9bn

Employees: 5,600

Unilabs

A leading European diagnostics services provider focusing on laboratory testing, pathology, and radiology. The company services both public and private healthcare providers.

Revenue 2022: EUR 1.8bn

Employees: 11,400

Danske Bank

Denmark’s largest bank. Its core business includes private, business, institutional customer segments, and other financial services to the Nordic markets.

Total income 2022: DKK 41.2bn

Employees: 21,000

Noble

A leading offshore drilling company for the oil and gas industry. The company owns and operates one of the youngest and most advanced fleets in the industry.

Revenue 2022: USD 1.4bn

Employees: 3,800

KK Wind Solutions

A leading global supplier of power electronic system solutions for the wind turbine industry, offering a wide range of products and services to wind turbines and parks.

Revenue 2022: DKK 2.6bn

Employees: 1,400

The A.P. Moller Group is a diversified group of industry leading companies

Maersk Supply Service

A leading provider of global offshore marine services and integrated solutions for the energy sector, serving a broad range of clients.

Revenue 2022: DKK 2.6bn Employees: 1,400

Nissens Cooling Solutions

A leading manufacturer of customised cooling solutions for industrial applications, including on- and offshore applications in the wind turbine industry.

Revenue 2022: DKK 1.2bn Employees: 1,000

Maersk Tankers

A leading service company providing commercial management solutions for shipowners in the tanker industry. The company operates one of the largest tanker fleets in the world.

Revenue 2022: USD 0.6bn Employees: 300

ZeroNorth

A technology company providing a range of software solutions that enable the shipping industry to reduce its impact on the climate while maintaining commercial performance.

A.P. Moller Capital

An infrastructure fund manager focusing on high growth markets, combining attractive risk adjusted returns with a positive impact on society.

Innargi

A geothermal heating company, aiming to heat millions of urban homes while leaving zero impact on our planet.

A.P. Moller Holding – owners with a purpose

As the parent company of the Group, A.P. Moller Holding builds and develops businesses that have a positive impact on society – ‘nyttig virksomhed’.

A.P. Moller Holding is an engaged and active owner, exercising its influence on the boards of most Group companies. By leveraging the Group’s global networks and insights derived from more than 100 years of business building, A.P. Moller Holding aspires to generate long-term shareholder and societal value.

Investing in the future

When investing in new businesses, A.P. Moller Holding uses three overall selection criteria:

Focusing on themes with long-term tailwinds.

Benefitting from the Group’s capabilities, networks, and insights.

LONG-TERM MEGA TRENDS OUR VALUE ADD

Building and developing businesses that have a positive impact on society.

‘NYTTIG VIRKSOMHED’

FOCUS AREA

Building a portfolio of platforms

The combination of large well-established companies, growth equity initiatives, and incubations forms attractive platforms and allows A.P. Moller Holding to be an active, engaged, and opinionated owner.

PRINCIPAL INVESTMENTS

Large control-oriented investments in companies backed by solid long-term mega trends. The principal investments are platforms for deployment of additional capital over time for organic and inorganic expansion.

GROWTH EQUITY INITIATIVES

Patient minority investments in late-stage growth businesses. In addition to generating attractive financial returns, the growth equity initiatives serve to enhance domain knowledge within our core focus areas.

INCUBATIONS

Rooted in our Group’s entrepreneurial legacy and spirit, incubation projects and actual building of new businesses are selectively initiated.

PUBLIC INVESTMENTS

Active concentrated global strategies focusing on high quality companies at attractive valuations across asset classes, sectors, and themes.

A.P. Møller House is the home of A.P. Moller Holding and a hub for many of the Group's activities.

From A.P. Møller House, A.P. Moller Holding encourages and facilitates collaboration, network, and sharing of best practices. By engaging across the Group and sharing our insights, we all benefit from a powerful pool of talent, industrial relationships, and wide-ranging industry know-how.

A.P. Møller House was built in 1873 to accommodate the Royal Danish Nautical Chart Archives. We named it A.P. Møller House after our founder, A.P. Møller (1876-1965).

Through our Group’s network and collaboration, we become even stronger

“Our values are a constant in an ever-changing world, an anchor and a beacon for us all. They are a link to the past, give us guidance today and will hopefully remain an integral part of our future.”

ANE M. M. UGGLA Chairman of the Board at A.P. Moller Holding and the A.P. Moller Foundation

We are guided by our five core values

CONSTANT CARE

Take care of today, actively prepare for tomorrow.

HUMBLENESS

Listen, learn, share, give space to others.

OUR NAME

The sum of our values, passionately striving higher.

OUR EMPLOYEES

The right environment for the right people.

UPRIGHTNESS

Our word is our bond.

The A.P. Moller Foundation

The A.P. Moller Group is ultimately owned by the A.P. Moller Foundation, a Danish philanthropic commercial foundation. It was established in 1953 by A.P. Møller with the support of his children in order to safeguard the long-term viability of the A.P. Moller Group and the adherence to the core values and principles. The Foundation is named after A.P. Møller and his wife Chastine Mc-Kinney Møller.

Every year, the Foundation donates funds to a number of social, cultural, and educational projects in Denmark, Southern Schleswig, Greenland, the Faroe Islands, and the other Nordic countries.

Examples of prominent projects in recent years

THE OPERA PARK

The Opera Park is under construction next to the Royal Danish Opera House in Copenhagen. It will revitalise the area with a beautiful green oasis on the surface and improve the means of access and parking underground. The Opera Park is designed by the Danish architecture studio Cobe and expected to be inaugurated in 2023.

MAERSK BRIDGE

In response to the Covid-19 pandemic, the A.P. Moller Group established the Maersk Bridge: an air bridge and supply chain operation to secure delivery of PPE to healthcare workers and thereby reduce the risk of transmitting Covid-19 in hospitals. The A.P. Moller Foundation donated the first shipment in 2020.

MÆRSK MC-KINNEY MØLLER CENTER FOR ZERO CARBON SHIPPING

In 2020, the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping was launched by the A.P. Moller Foundation and a group of leading industry players with the purpose of developing new net-zero fuel types and technologies.

MAERSK TOWER

The Maersk Tower is a state-of-the-art research building in Copenhagen. It accommodates the Faculty of Health and Medical Sciences at the University of Copenhagen with 15 floors of modern lecture halls and cutting edge laboratories. The building is designed by the renowned Danish architecture studio C.F. Møller and has obtained several architectural awards.

HAMMERSHUS

Hammershus is Northern Europe’s largest castle ruin, erected in the 13th century on the northern tip of Bornholm. In 2012, a careful restoration of the 2 km wall and 20,000 m2 stone masonry was initiated, and in 2018 a new visitor centre was added to accommodate the more than 500,000 annual visitors.

DANISH PUBLIC SCHOOL DONATION

In 2013, the A.P. Moller Foundation decided to donate DKK 1bn to strengthen the education in Danish public schools. The objective is to increase the pupils’ learning and welfare by enhancing qualifications of teachers and developing new teaching tools. More than 100 projects have been funded so far.

Building on 100+ years of heritage

The seven-pointed star has embodied our Group's activities since 1886.

Ane Møller occasionally accompanied her husband, Captain Peter Mærsk Møller, on his ships during the latter part of the 19th century, and at one point fell seriously ill on a voyage with him. In a letter, Peter Mærsk Møller describes how this incident was the origin of the star:

“The little star on the funnel is a reminder of the evening I prayed for you so dejectedly and anxiously, asking for the sign that I might see a star in the grey, overcast sky, a reminder that the Lord hears our prayers.”

Ane Møller soon recovered and the star was chosen to guide the family’s shipping venture. When Peter Mærsk Møller acquired the steamship ‘Laura’ in 1886, he had its black funnel ringed with a blue band with a white seven-pointed star on each side.

1904

The Steamship Company Svendborg was established

1912

The Steamship Company of 1912 was established

1928

A.P. Møller was elected Chair of the Board of Danske Bank

1953

The A.P. Moller Foundation was established

1965

M.M. Møller was elected Chair of the Board of the steamship companies, the shipyard, and the A.P. Moller Foundation

1986

Ane M.M Uggla entered the Board of the A.P. Moller Foundation

2013

A.P. Moller Holding was established

– and in 2016 Robert M. Uggla was appointed CEO

2017

A.P. Moller Capital and The Africa Infrastructure Fund were established

2019

KK Wind Solutions joined the Group

2021

Faerch and Nissens Cooling Solutions joined the Group

2022

Unilabs joined the Group and Robert M. Uggla was elected Chair of the Board at A.P. Moller – Maersk

2023

Maersk Supply Service joined the Group