A.P. Moller Holding
Investment arm of A.P. Møller and Chastine Mc-Kinney Møller Foundation (A.P. Moller Foundation)
Copenhagen investment company set up in 2013 by the Mærsk family as investment arm of the A.P. Moller Foundation; parent of the A.P. Moller Group (Maersk, Danske Bank stake).
USEFUL FOR Business owners seeking a long-term partner · Co-investors
Family & background
- FAMILY
- Mærsk family
- HEADQUARTERS
- Copenhagen, Denmark
- FOUNDED
- 2013
- OUTSIDE CAPITAL
- No — own capital only
Investment approach
- STAGES
- GrowthBuyout
- ROUTES
- Direct investments
- STRATEGIES
- Direct investmentsPrivate equityPublic equities
Overview
A.P. Møller Holding A/S is the parent company of the A.P. Moller Group and manages the ownership and investment activities of the A.P. Moller Foundation, which owns it. It was established in 2013 by the Mærsk family, when majority ownership of A.P. Moller – Maersk was transferred to it from the Foundation; it is headquartered in Copenhagen. It invests through control-oriented principal holdings, scale-ups it builds itself, minority growth equity and a public markets portfolio. It reported a net asset value of DKK 281bn at the end of 2025.
Investment thesis
Invests in and builds businesses with a positive impact on society ('nyttig virksomhed') across four themes: global trade, the energy transition, circularity/water and waste recovery, and demographic and societal change.
Holdings & investments (19)
INVESTMENT ARMS & VEHICLES
- Manages stand-alone funds investing in infrastructure in emerging markets
HOLDINGS & INVESTMENTS · MOST RECENT FIRST
- UpwayMobility & Logistics · since 2025 · Growth equity (led $60M Series C)
- A.P. Moller - MaerskIndustrial & Manufacturing · Principal holding
- Danske BankPrincipal holding
- UnilabsHealthTech · Principal holding
- FaerchIndustrial & Manufacturing · Principal holding
- NobleIndustrial & Manufacturing · Principal holding
- Ocean YieldIndustrial & Manufacturing · Principal holding
- SvitzerIndustrial & Manufacturing · Principal holding
- DOFIndustrial & Manufacturing · Principal holding
- Maersk Tankers & Maersk Product TankersIndustrial & Manufacturing · Principal holding
- KK GroupClimate & Energy · Principal holding
- ConcentricIndustrial & Manufacturing · Principal holding
- A.P. Moller CapitalPrincipal holding
- Iv3 AquaPrincipal holding
- Maersk Offshore WindClimate & Energy · Principal holding
- InnargiClimate & Energy · Scale-up
- ZeroNorthSoftware & SaaS · Scale-up
- C2XClimate & Energy · Scale-up
- VioneoClimate & Energy · Scale-up
People
Classification
Family Holding. A family's holding company that owns stakes in several separate businesses or invests beyond its own group, without calling itself a family office. How family capital is classified →
FAQ
A.P. Moller Holding is a family holding based in Copenhagen, Denmark, founded in 2013.
A.P. Moller Holding invests on behalf of the Mærsk family family.
A.P. Moller Holding invests directly in companies. Its stated asset mix includes direct investments, private equity and public equities.
A.P. Moller Holding invests at Growth and Buyout stages in Industrial & Manufacturing, Climate & Energy, HealthTech and Mobility & Logistics.
Key people at A.P. Moller Holding include Ane Mærsk Mc-Kinney Uggla (Chair (also Chair of the A.P. Moller Foundation)), Robert Maersk Uggla (CEO), Martin Larsen (CFO) and Chetan Mehta (Head of Growth Equity).
A.P. Moller Holding's holdings and investments include A.P. Moller - Maersk, Danske Bank, Unilabs, Faerch, Noble, Ocean Yield, Svitzer and DOF, among others.
The most recent publicly reported investment by A.P. Moller Holding is Ocean Yield (Acquisition (100%, from KKR funds)), announced in Jul 2026.
No. A.P. Moller Holding invests its own capital and does not raise money from outside investors.