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Suitors queue for Maersk container business

DENMARK: Carrier, Daikin, Midea and Thermo King are amongst a procession of suitors reported to be bidding for A P Moller-Maersk’s refrigerated container business.

According to Bloomberg, the Danish integrated shipping company could be valued at as much as US$1bn.

The company plans to collect binding bids by late July. China International Marine Containers Group and investment company Triton, owner of HVAC businesses Flakt and Kelvion, are also rumoured to be interested.

Established in 1991, Maersk Container Industry manufactures refrigerated containers and refrigeration machines to customers in the intermodal industry, which covers shipping lines, fruit multinationals and leasing companies.

The company’s first dry container plant was established in Tinglev, Denmark in 1991. By 1995, manufacturing also included refrigerated containers and new container plants were established in China in 1998 and 2004. Eventually container manufacturing in Denmark would cease and today MCI focuses solely on manufacturing refrigerated containers from its facility in Qingdao, China.

Latest News

23rd November 2024

F-gas guide for the heat pump sector

BELGIUM: The European Heat Pump Association (EHPA) has published a guide to the new European F-gas regulation (2024/573) and its specific implications for the heat pump sector.
22nd November 2024

Vaillant electronics plant supports heat pump demand

GERMANY: Heating company Vaillant has commenced production at a new electronic components factory in Remscheid to support demand for heat pumps.
22nd November 2024

Swegon acquires German AHU manufacturer

SWEDEN/GERMANY: Swedish HVAC manufacturer Swegon has extended its modular air handling unit interests with the acquisition of family-owned German company Howatherm Klimatechnik.
22nd November 2024

Low carbon funding helps school decarbonise

UK: Funding from the Welsh Government has helped a Ruthin secondary school decarbonise their heating by replacing gas boilers with air-source heat pumps.
21st November 2024

Ideal receives £5.2m government funding boost

UK: Heat pump manufacturer Ideal Heating and its hot water cylinder manufacturing sister company Gledhill have received almost £5.2m from the UK government.
21st November 2024

Poland seizes 115 tonnes of F-gas

POLAND: At least 115 tonnes of F-gas are said to have been seized in Poland as part of a European crackdown on the illegal F-gas trade.