In order to meet the digitization trend, A.P. Møller Mærsk has decided to start investing millions in tech startups outside its core business, Berlingske reports. The transport and logistics giant, which is the biggest container shipping company world-wide, has also established a new unit that will keep track of world trends to better understand the structural changes the world faces.
The change within Mærsk comes after the company has had problems with falling sales for a few years. The company’s CEO, Søren Skou, tells Berlingske that the upcoming investments are not a way to establish themselves in new markets.
“It’s not investment whose purpose is to give returns. The goal is to find technologies that we can use to support our core business.” says Søren Skou to Berlingske.
Another venture is the new unit, called the Growth Unit, that aims to keep track of structural changes in the world. All of this is part of a bigger change within Mærsk, that is planned to last for the next couple of years.