Hafnia Limited Acquires ~13.97% Stake in TORM plc
December 22, 2025
Hafnia Limited completed the purchase of approximately 14.1 million A shares in TORM plc, representing about 13.97% of TORM's issued share capital. The shares were acquired under a share purchase agreement with Oaktree Capital Management and its affiliates; Hafnia said the stake could support exploration of a potential business combination with TORM.
- Buyers
- Hafnia Limited
- Targets
- TORM plc
- Sellers
- Oaktree Capital Management, L.P. and its affiliates
- Industry
- Transportation
- Location
- Capital Region of Denmark, Denmark
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
Hafslund Eco, Infranode and HitecVision Acquire Fortum Oslo Varme (Hafslund Oslo Celsio)
March 22, 2022
Energy
A consortium of Hafslund Eco, Infranode and HitecVision has completed the acquisition of Fortum Oslo Varme, which will be renamed Hafslund Oslo Celsio. Hafslund Eco holds a 60% majority stake while Infranode and HitecVision hold 20% each; the partnership plans ~NOK 10 billion of investments including NOK 1.4 billion for a CCS project at the Klemetsrud waste-to-energy plant and major district cooling investments.
-
EQT Infrastructure V (via HATI BidCo AS) launches offer to acquire Torghatten ASA
December 23, 2020
Transportation
EQT Infrastructure V, through its offer vehicle HATI BidCo AS, launched a voluntary cash offer to acquire all outstanding shares in Torghatten ASA (excluding the airline segment). The offer is NOK 175 in cash per share plus a planned distribution of Flyco (Widerøe) shares valued at NOK 17 per Torghatten share (total implied value NOK 192 per share); Torghatten’s board has unanimously recommended acceptance and the transaction values Torghatten equity at approximately NOK 8,580 million.
-
National Timber Group Acquires Hymor Timber
March 3, 2021
Building Products
National Timber Group, a portfolio company of Cairngorm Capital, has acquired Hymor Timber Limited, an independent timber merchant based in Stoke-on-Trent. The add-on expands NTG's geographic coverage and hardwood capability in the Midlands and North West and was driven by the sellers' succession planning.
-
Horizon Air Freight Acquires Transmarine Navigation Corporation
December 31, 2022
Transportation
Horizon Air Freight announced the acquisition of Transmarine Navigation Corporation, completed in Q4 2022, to expand its port agency and in-port logistics capabilities across North and South America. The deal combines Horizon’s global warehousing and last-mile delivery network with Transmarine’s port call agency presence at 12 ports, enhancing services for ship owners, operators, and charters.
-
Triton Acquires MacGregor from Hiab (formerly Cargotec)
July 31, 2025
Industrial Services
Funds advised by Triton have completed the acquisition of the MacGregor business from Hiab (formerly Cargotec). MacGregor is a global leader in maritime and offshore cargo and load handling, with ~EUR 800m of 2024 sales and about 2,000 employees; Triton said the deal aligns with its strategy to invest in industrial technology leaders with strong engineering and aftermarket potential.
-
Triton (TSM II) Acquires Majority Stake in FairWind A/S
June 8, 2021
Energy
The Smaller Mid‑Cap Fund II (TSM II), advised by Triton, has signed an agreement to acquire a majority stake in FairWind A/S, a Denmark‑headquartered provider of wind turbine installation and service. Triton will invest alongside FairWind’s management and key employees to support geographic expansion, capability development and continued growth; terms were not disclosed.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.