Add-on Acquisition • Marine

TORM Acquires ME Production

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

Acquisition Context

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

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M&A Deal Summary
Date	January 1, 2022
Target	ME Production
Sector	Marine
Buyer(s)	TORM
Deal Type	Add-on Acquisition

Target Company

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 Overview 1

Buyer

TORM

London, United Kingdom

Category	Company
Founded	1889
Sector	Transportation
Employees	479
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 Context for Buyer	#
Overall	1 of 1
Sector: Marine	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Denmark	1 of 1
Year: 2022	1 of 1

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