Maersk considers acquisitions, but not now
A.P. Moller – Maersk Group's chief executive said the company is pondering acquisitions of competitors as a way to capitalize during the economic crisis.
Nils Andersen said the company is investing in its networks to growth markets in Africa and South America, according to an article in the German magazine WirtschaftsWoche, as reported by Reuters.
A Maersk spokesman told American Shipper Monday that the quotes from the German magazine were correct, but that Andersen emphasized during the interview that Maersk is not looking for any acquisitions right now.