DOF Group to acquire Maersk Supply Service from A.P. Moller for $1.1bn.

DOF Group, a group of companies which owns and operates a fleet of modern offshore/subsea vessels, and engineering capacity to service both the offshore and subsea market, agreed to acquire Maersk Supply Service, a provider of marine services and project solutions for offshore energy sectors, from A.P. Moller, an integrated logistics company, for $1.1bn. “The announced transaction today marks a strategic milestone for the DOF Group, driven by a strong industry rationale and a shared vision with A.P. Moller, who will indirectly become a major shareholder. Under the DOF name and brand, we will create a leading offshore services provider and strengthen the global position of the combined company. With the world’s largest fleet of CSVs and high-end AHTS vessels, we will enhance the customer experience through increased scale, global reach, and industry-leading services, combining the strong capabilities and decades of experience of DOF and Maersk Supply Service. I look forward to further developing the DOF Group together with my new and existing colleagues, ensuring the continued delivery of world-class services to our customers” Mons Aase, DOF CEO.