A.P. Moller Holding Acquires Concentric AB
November 8, 2024
A.P. Moller Holding has completed its recommended public cash offer and acquired Concentric AB, a leading pump manufacturer serving commercial vehicles and industrial markets. A.P. Moller says it will support Concentric’s legacy business while accelerating capability expansion tied to the energy transition and growth into adjacent end markets such as energy storage and data centres.
- Buyers
- A.P. Moller Holding, Circle BidCo ApS (acquisition vehicle)
- Targets
- Concentric AB
- Sellers
- Shareholders of Concentric AB
- Industry
- Manufacturing
- Location
- Skåne County, Sweden
- Transaction Type
- Buyout
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