Comment / M&A radar: MPC Container strikes in race for scale – from rags to riches

“MPC Container Ships is pleased to announce that it has entered into a share purchase agreement to acquire Songa Container for an aggregate purchase price of USD 210.25 million on a debt and cash free basis. (…)” – MPC Container Ships (MPCC), 23 June 2021.

Ever heard of Norway’s MPCC? No?

Then I am in good company, but I’m really pleased to share its solid Q1 achievements from earlier this year, for background purposes (click to expand the table below).

Let’s be serious: as a wise Premium ...