A.P. Moller-Maersk sells rubber hose company
The A.P. Moller-Maersk Group today sold Codan Gummi A/S and its subsidiaries to Italy's Maflow Group for an undisclosed amount.
Codan Gummi manufactures and sells high-technological rubber hoses, mainly to the car industry. The company employs about 900 staff, including 225 in Denmark.
A.P. Moller-Maersk sells rubber hose company
