Service       
Sell-side

Industry     
Offshore services

Deal value
Undisclosed

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Advised A.P. Moller – Maersk in the sale of Danbor to NorSea Group

Danbor is a Danish provider of customised solutions to the energy industry. The service offering has developed from consisting solely of supply base services in Esbjerg, to including oil and gas-related logistics, offshore maintenance, safety services and recently logistics and maintenance services for the wind power industry in both Denmark and abroad. In 2013, Danbor generated revenue of DKK 501m and EBITDA of DKK 58m with 500 employees

NorSea Group is a Norwegian provider of supply bases and integrated logistics solutions with focus on supply chain management to the oil and gas industry. NorSea operates in nine supply bases along the coast of Norway as well as supply bases in Denmark and the UK

The transaction is in line with NorSea Group’s strategy to enter international markets with an increased presence in Denmark and the UK. In addition, the transaction is part of A.P. Moller – Maersk’s refocusing strategy

 

*Completed by the HCN Partners team when employed at Handelsbanken