The transaction is expected to close in or before 2022. ![]() The transaction, which values the company at $987.3 million on a cash and debt free basis, is for the entire organization and assets, including the reefer factory in Qingdao, China, and R&D and test engineering facilities in Denmark. (CIMC), headquartered in Shenzhen, China, agreed to acquire Maersk Container Industry. Maersk is focusing on its transportation and logistics business, while China is consolidating its lead as the sole manufacturer of cargo containers.Ĭhina International Marine Containers Ltd. in a transaction designed to support both company’s long-term strategic plans. Moller – Maersk is selling its container manufacturing operation to China International Marine Containers Ltd.
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