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  5. TORM Acquires ME Production

M&A Deal Summary

TORM Acquires ME Production

On January 1, 2022, TORM acquired marine company ME Production

Acquisition Highlights
  • This is TORM’s 1st transaction in the Marine sector.
  • This is TORM’s 1st transaction in Denmark.

M&A Deal Summary
Date 2022-01-01
Target ME Production
Sector Marine
Buyer(s) TORM
Deal Type Add-on Acquisition

Target

ME Production

Frederikshavn, Denmark
ME Production is an industrial engineering company. The company develops and manufactures marine and energy equipment, including scrubbers, marine gear, and heat pump solutions. ME Production was formed in 1945 and is headquartered in Frederikshavn, Denmark.

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Buyer(S) 1

Buyer

TORM

London, United Kingdom
Category Company
Founded 1889
Sector Transportation
Employees479
Revenue 1.6B USD (2024)
DESCRIPTION

TORM is a carrier of refined oil products. The company operates a fleet of approximately 90 modern vessels and is recognized for its commitment to safety, environmental ambitions, and industry-leading performance. TORM was founded in 1889 and is based in London, England.

DEAL STATS #
Overall 1 of 1
Sector: Marine M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Denmark M&A 1 of 1
Year: 2022 M&A 1 of 1
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