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  • 2008 July 1 07:34

    Maersk Line completes acquisition of 40% of the shares in Maersk Denizcilik, Turkey

    Maersk Line and Merit have agreed on the purchase of Merit's 40% shareholding in Maersk Denizcilik agency by Maersk Line.
    Maersk Denizcilik acts as the agent for Maersk Line and Safmarine in Turkey, and will hereby become a wholly owned entity of the A.P. Moller - Maersk Group.
    This decision is a further indication of Maersk Line’s commitment to the Turkish customers and the Turkish market.
    We would like to take this opportunity to extend a heartfelt thanks to our longstanding partners in Merit for their remarkable efforts in successfully establishing Maersk in Turkey. It has been many years of mutual benefits, co-operation and trust.
    The transaction is subject to the Turkey Competition Authorities' approval.
    Maersk Line (maerskline.com) is one of the leading liner shipping companies in the world, serving customers all over the globe. Maersk Line is a division of the A.P. Moller - Maersk Group.
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