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Current Position:Home » News » Marketing & Retail » Retail » Topic

Maersk looks to sell off supermarket chains

Zoom in font  Zoom out font Published: 2013-10-28  Views: 35
Core Tip: The world's largest shipping operator, the A.P. Moller-Mærsk Group (Maersk), is ready to streamline its operations by selling retail conglomerate Dansk Supermarket.
Bilka

The world's largest shipping operator, the A.P. Moller-Mærsk Group (Maersk), is ready to streamline its operations by selling retail conglomerate Dansk Supermarket, which operates the supermarket chains Føtex, Netto, and Bilka and the department store Salling.

Maersk CEO Nils Smedegaard Andersen said that he is willing to sell the company's holdings that are not directly concerned with shipping or oil drilling.

"We own some companies that we see as investments," he told Berlingske Business newspaper. "We are going to sell those if we find a better owner and if we come up with more efficient constructions."

 
 
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