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
‘Nyttig virksomhed’ is at the core of what we do
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, A.P. Moller Group companies are connected by our purpose to invest in and build businesses with a positive impact on society – ‘nyttig virksomhed’ –along with our heritage and a close association to the Maersk values.
‘Nyttig virksomhed’ can take many forms. For example, A.P. Moller - Maersk enables global trade, KK Group is key to the green transition, and Faerch produces innovative sustainable food packaging. ‘Nyttig virksomhed’ is also a key criterion 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.
ONE
INVESTOR
USD
32bn
net asset value*
USD
62bn
consolidated revenue*
130,000+ employees
120+
years of heritage
*consolidated figures
We seek to 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 not in balance with our planet's ability to regenerate. Sustainable replacements are being adopted 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
Our societies depend on a steady and reliable supply of energy. At the same time, we need to migrate from fossil sources and move towards energy generation from non-fossil and renewable sources. Our focus is on this transition which will not happen overnight and maintaining access to energy is a necessity for our societies.
DEMOGRAPHIC & SOCIETAL CHANGE
Across both mature and emerging economies, population demographics continue to change. 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.
The A.P. Moller Group is a diversified group of industry leading companies
A.P. Moller - Maersk
An integrated transport and logistics company working to connect and simplify its customers’ supply chains. The company is a global leader in shipping activities.
Revenue 2024: USD 55.5bn Employees: 100,000+
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 2024: DKK 56.4bn Employees: 20,000+
Unilabs
A leading diagnostics services provider in Europe, focusing on laboratory testing, pathology, and radiology. The company services both public and private healthcare providers across multiple countries.
Revenue 2024: EUR 1.6bn Employees: 11,416
Faerch
A leading supplier of circular packaging solutions to the global food industry, serving leading food manufacturers and retailers around the world.
Revenue 2024: EUR 1.2bn Employees: 4,995
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 offshore drilling industry.
Revenue 2024: USD 3.1bn Employees: 3,802
Svitzer
A global leader in sustainable marine services. The company provides critical towage infrastructure and maritime solutions, enabling ships and goods to navigate through ports efficiently and safely.
Revenue 2024: DKK 6.3bn Employees: 3,969
DOF
A leading provider of global offshore marine services for the energy sector, including oil and gas companies, offshore renewable companies and subsea contractors.
Revenue 2024: USD 1.4bn Employees: 5,440
Maersk Tankers
A 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 2024: USD 0.4bn Employees: 238
KK Group
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 2024: DKK 7.7bn Employees: 3,746
Concentric
A global leader in pump, fan and thermal management solutions for the commercial vehicle market, helping customers increase fuel efficiency, reduce emissions and improve engine control.
Revenue 2024: USD 0.3bn Employees: 1,224
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.
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.
Iv3 Aqua
A water and wastewater management company aiming to provide clean drinking water to areas with limited access and offer alternative water sources to industries.
Maersk Offshore Wind
A provider of installation services to the offshore wind market accelerating the rollout of offshore wind farms.
A company aiming to pioneer the defossilisation of the chemical sector by using green methanol to produce fossilfree polypropylene and polyethylene at a commercial scale.
A methanol production company aiming to develop and operate green methanol production facilities to supply both the chemical and shipping sectors.
C2X
Vioneo
A.P. Moller Holding – owners with a purpose
As the parent company of the Group, A.P. Moller Holding invests in and builds businesses that have a positive impact on society – ‘nyttig virksomhed’.
A.P. Moller Holding is an engaged and active owner, exercising its influence through the Group companies' Boards of Directors. By leveraging the Group’s global networks and insights derived from more than 120 years of business building, A.P. Moller Holding aspires to generate long-term shareholder and societal value.
Investing for the future
We build scalable platforms in areas where we can leverage momentum to drive long-term value and impact. When investing in new businesses, we use three overall selection criteria:
We focus on themes where we see long-term, secular growth trends.
We prioritise companies which can utilise and leverage the strengths and capabilities accumulated across our Group throughout more than 120 years.
LONG-TERM MEGA TRENDS
OUR VALUE ADD
FOCUS AREA
We strive to fulfil our Group’s long-standing purpose of ‘nyttig virksomhed’ (having a positive impact on society).
‘NYTTIG VIRKSOMHED’
Building a portfolio of platforms
We leverage our knowledge, expertise, and experience across four different mandates:
PRINCIPAL HOLDINGS
Large control-oriented investments in companies backed by solid long-term mega trends. Our principal holdings are typically platforms where we have the opportunity to deploy additional capital over time in organic and inorganic growth.
GROWTH EQUITY
Patient minority investments typically in late-stage growth businesses. In addition to generating attractive financial returns, our growth equity investments benefit from and serve to anchor and enhance our domain knowledge within our investment themes.
SCALE-UPS
Innovation platforms or start-ups rooted in our Group’s entrepreneurial legacy and spirit. We are building new companies in areas where we have specific expertise and believe there is a strong and compelling rationale for why it makes sense to initiate a new company.
PUBLIC MARKETS
Active concentrated global strategies focusing on high quality companies at attractive valuations across asset classes, sectors, and themes.
A hub for networking and collaboration
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, networking, 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.
The building was constructed 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).
“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.
UPRIGHTNESS
Our word is our bond.
OUR EMPLOYEES
The right environment for the right people.
The A.P. Moller Foundation
A.P. Moller Holding is owned by the A.P. Moller Foundation, a Danish private 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, research and development, and educational projects in Denmark, Southern Schleswig, Greenland, the Faroe Islands, and the other Nordic countries.
Examples of prominent projects in recent years
Hammershus, Bornholm
Hammershus is the largest castle ruin in Northern Europe, dating back to around the year 1300. Since 2012, the ruins have been restored, and an adjacent state-of-the-art visitor center has been built. The Visitor Center has various exhibitions related to Hammershus, a café, and offers a panoramic view of the ruins. The Visitor Center opened in 2018.
The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping
The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping is a non-profit, independent research and development center focused on accelerating the transition towards a net-zero future for the maritime industry. More than 50 key industry leaders and strategic partners at a global level contribute to the development and implementation of new technologies, concepts, and viable strategies to drive the necessary systemic and regulatory changes.
The Opera Park, Copenhagen
The Opera Park is a unique green oasis in the middle of Copenhagen Harbour. It features a diverse collection of trees, plants, and flowers from around the world, chosen for their seasonal colour changes. The park is divided into six themed gardens: North American Forest, Danish Oak Forest, Oriental Forest, English Garden, Nordic Forest, and the Tropical Greenhouse. The Greenhouse emerges from an underground parking facility. The park also provides sheltered access to the Opera.
The Public School Donation
In 2013, The A.P. Moller Foundation made an extraordinary donation marking the 100th birthday of the Foundation’s late long-standing chairman, Mr. Mærsk Mc-Kinney Møller. The donation resulted in 222 projects aimed at creating lasting academic and pedagogical improvements in all of Denmark’s 1,300 public schools. More than 90,000 professionals and school leaders benefitted from some kind of activity to develop their professional skills.
Cultural institutions
Green cities
Schools and education
Research and development
The story of the sevenpointed star
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.
Foundation
Building on 120+ years of heritage
As the shipping industry slowly transitions from sail to steam, Peter Mærsk Møller makes the decision to acquire the steamship ‘Laura’. A.P. Møller establishes the first companies in the future A.P. Moller Group.
1886
Captain Peter Mærsk Møller establishes the Steamship Company Laura.
1904
Supported by his father, A.P. Møller establishes the Steamship Company Svendborg, and later the Steamship Company of 1912.
Consolidation
The early shipping endeavours find success, benefitting from the trade conditions created by the First World War. The A.P. Moller Group grows into new business areas.
1918
A.P. Møller founds the Odense Steel Shipyard. The activities ceased in 2012.
1928
Maersk Tankers and Maersk Line are established.
A.P. Møller is elected Chair of the Board of Danske Bank.
Recognising the growing global demand for oil, Maersk Tankers becomes one of the world’s leading tanker tonnage owners. Liner and bulk shipping ventures expand. The Group enters into manufacturing, retail and service.
1953
The A.P. Moller Foundation is established.
1965
Mærsk Mc-Kinney Møller assumes the leadership of the A.P. Moller Group.
1967
Maersk Supply Service is established. The company merged with DOF in 2024.
The steamship ‘Laura’, 1886.
Our history is a story of global entrepreneurship, constant care, and societal engagement – all in the context of a world of change and technological innovation.
1970-1990
Vertical expansion in transport and energy
Containerisation revolutionises world trade and Maersk Line adapts with timely strategy changes led by Mærsk Mc-Kinney Møller. Mr Møller starts the Group’s new activities in energy production and offshore services.
1972
Maersk Drilling is established. The company merged with Noble in 2019.
1979
Svitzer is acquired by the A.P. Moller Group.
1986
Ane M.M. Uggla joins the Board of the A.P. Moller Foundation.
1990-2013 Globalisation
In an increasingly globalised world, Maersk Line becomes the largest container carrier in the world. The Group continues to focus on shipping, terminals, energy production, and offshore activities.
2003
A.P. Moller - Maersk is formed by merging the Steamship Company Svendborg and the Steamship Company of 1912.
2012
Ane Mærsk Mc-Kinney Uggla becomes Chair of the A.P. Moller Foundation.
A.P. Møller with his son, Mærsk Mc-Kinney Møller, 1962.
2013-present
Building new platforms
A.P. Moller Holding becomes the parent company of the Group. As an investor in the spirit of A.P. Møller, our purpose is to invest in and build businesses with a positive impact on society – ‘nyttig virksomhed’.
2013
A.P. Moller Holding is established.
2016
Robert Maersk Uggla becomes the CEO of A.P. Moller Holding.
2017
A.P. Moller Capital and Innargi are established.
2019
KK Group joins the A.P. Moller Group.
2020
ZeroNorth is spun off from Maersk Tankers.
2021
Faerch and Nissens Cooling Solutions are acquired. Nissens became part of KK Group in 2023.
Iv3 Aqua is established.
2022
Unilabs joins the Group.
2023
C2X is established.
2024
Maersk Offshore Wind is spun off from Maersk Supply Service.
Vioneo is established.
Concentric is acquired.
Edition 2.5 2025 apmoller.com
Cover
Birthe Melchiors
P2-3
KK Group
P5
Febiyan / Unsplash
P6-7
Mourad Saadi / Unsplash
P9
Verity
P13
Ricardo Gomez Angel / Unsplash
P15
Faerch
P16
Manuel Meurisse / Unsplash
P19
Melissa Askew / Unsplash
P20
Torben Eskerod
P22
Steen Brogaard
P25
Jens Lindhe
Alex Perz
Copenhagen drone
Colourbox
P26
A.P. Moller – Maersk
P28
A.P. Moller Archives
P29
A.P. Moller Archives
P30-31
Tom Lindboe / A.P. Moller – Maersk