# A.P. Moller Holding offers cash takeover of Swedish flow-control firm Concentric

A.P. Moller Holding's subsidiary Circle Bidco ApS announced a recommended public cash offer of SEK 230 per share to acquire Concentric AB, a Nasdaq Stockholm-listed maker of pump, fan and fluid power solutions for commercial vehicles.

- Type: Acquisition
- Announced: 2024-08-29
- Where: Sweden
- Status: announced
- Products: pumps, fans, thermal management solutions, fluid power technology
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Concentric](https://endata.com/companies/1164.md) (target)
- [A.P. Moller Holding](https://endata.com/companies/7371.md) (acquirer)

## Sources

- [apmoller.com](https://apmoller.com/news/a-p-moller-holding-announces-a-recommended-public-cash-offer-to-the-shareholders-of-concentric/), 2024-08-29: "Circle Bidco ApS has announced a recommended public cash offer to acquire Concentric AB, a Swedish provider of flow control and fluid power technology for the commercial vehicle market."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.