International. Global container logistics company Maersk recently signed an agreement to sell its refrigerated container manufacturing business, Maersk Container Industry (MCI), to Shenzhen-based China International Marine Containers Ltd. (CIMC) and listed on the Shenzhen Stock Exchange and the Hong Kong Stock Exchange.
CIMC will take over MCI's entire organization and assets, which include the refrigerated container factory in Qingdao, China, as well as its R&D and test engineering facilities in Tinglev, Denmark.
"We believe that at CIMC we have found a good long-term owner of MCI. MCI's divestment is part of AP Moller, Maersk's business transformation, where the focus is on being an integrated container shipping and logistics company that creates customer value across the supply chain," said Henriette Hallberg Thygesen, CEO of Fleet & Strategic Brands at AP Moller. - Maersk and continues:
"While strengthening synergies between the core businesses of our global integrator offering, we have reviewed MCI's strategic fit and decided to find a new home that can ensure the company continues to grow its refrigerated business through continued development and committed investments from a new owner. We have had a close relationship with CIMC for over 30 years and look forward to continuing that partnership."
