Service hotline:86 755 25177845
当前位置: Home > News > Industry news

MPC Capital doubles shareholding in MPC Container Ships

German asset and investment manager MPC Münchmeyer Petersen Capital AG (MPC Capital) has increased its shareholding in Oslo-listed MPC Container Ships ASA (MPCC) from around 7% to around 14%.


The transaction is carried out by way of increasing MPC Capitals shareholding in MPC CSI GmbH (MPC CSI), which was established in 2017 as a joint investment vehicle for the IPO of MPCC under the leadership of MPC Capital and MPC Münchmeyer Petersen & Co. GmbH, the founder and largest shareholder of MPC Capital.


The purchase price for the acquisition of the shares from the selling shareholders of MPC CSI is approximately 34 million (US$37 million) and is based on a net price per MPCC share of NOK 13.60 (US$1.31). Following the transaction, MPC CSI will own around 17% of MPCCs shares, of which around 14% will be held by MPC Capital.


With a fleet of 62 vessels, MPCC is one of the worlds largest owners of container ships for intraregional trades. In the 2023 financial year, the company reported operating revenues of US$711 million and earnings per share of US$0.73. The dividend yield in 2023 was 43%.


MPC Capital is increasing its earnings forecast for 2024 and now expects earnings before taxes to be slightly above the already high level of 19.3 million (US$21 million) in the 2023 financial year.


Shenzhen Xunlaitong specializes in shipping export from Shenzhen to Australia & New Zealand, Germany, Netherlands and more business