Unifeeder welcomes Nils Smedegaard Andersen as Chairman of the Board

Aarhus, 13.11.2017

Unifeeder welcomes Nils Smedegaard Andersen as Chairman of the Board

Unifeeder, the largest Pan-European feeder and shortsea operator, today announced the appointment of Nils Smedegaard Andersen as new Chairman of the Board of Directors. Nils Smedegaard Andersen succeeds former Hapag-Lloyd CCO Jesper Præstensgaard who instead takes up the position as Deputy Chairman.

Nils Smedegaard Andersen, former Group Chief Executive Officer of A.P. Moller - Maersk A/S, today works as a professional board member and strategic adviser to e.g. Nordic Capital Funds. He currently serves as Non-Executive Director at BP plc, Non-Executive Director at Unilever as well as Chairman of the Board of international retail group, Dansk Supermarked A/S. The position at Unifeeder is his first directorship within the logistics & shipping industry after he left A.P. Moller – Maersk.

Commenting on his new position, Nils Smedegaard Andersen says: ”I am excited by this opportunity. Unifeeder is a well-run company, fulfilling an important role as partner to both global liner shipping companies and industrial customers across Europe. Unifeeder has significantly expanded its network and service offering in recent years and I look forward to working with management to further strengthening Unifeeder’s market position by building closer customer relationships and developing the service offering, while considering entering into new markets, possibly through M&A.”

Under its present ownership, led by leading private equity investor, Nordic Capital, Unifeeder has since 2013 grown to become the largest independent Pan-European feeder and shortsea operator with the industry’s best connected network, spanning 96 ports in Northern and Western Europe, the Mediterranean (incl. North Africa and the Middle East) as well as the Black Sea. This development has been supported by acquisitions and investments in new shared services centers, regional restructuring, various operational improvement initiatives as well as a focus on organic revenue growth, not least in the shortsea business.

Lars Terney, Partner in NC Advisory A/S, advisor to the Nordic Capital Funds, and member of Unifeeder’s Board of Directors comments: ”We look forward to drawing on Nils Smedegaard Andersen’s sector knowledge, network and strategic insights to further accelerate organic and acquisitive growth and thus support us in the strengthening of Unifeeder’s strategic position and value proposition to its customers.”

In 2017, Unifeeder expects organic volume growth to exceed 10% with an even higher growth in earnings driven by economies of scale, high capacity utilization and process & IT optimization. Unifeeder benefits from market share gains and increased volumes into the commercial feeder markets as well as sustained high growth in the shortsea business.

Additional information:
CEO Jesper Kristensen, Unifeeder, tel. (+45) 88 83 00 22, jek@unifeeder.com
Partner Lars Terney, NC Advisory, tel. (+45) 33 44 77 50, Lars.Terney@nordiccapital.com