Grimaldi tipped to make Hoegh Autoliners move after Maersk exit
Italian group has the firepower to drive consolidation in car carrier/ro-ro sector, Veson Nautical believes

5 December 2023 14:37 GMT UPDATED 5 December 2023 15:58 GMT
By Gary Dixon in London
Italy’s Grimaldi Group could make a merger or acquisition play for Hoegh Autoliners following the exit of major shareholder AP Moller-Maersk.

The ro-ro owner has the financial firepower and ambition to foster consolidation in the sector, according to Veson Nautical analyst Andrea De Luca.

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Maersk sold off its last 10.5%