TORM acquires ownership stake in ME Production
TORM A/S has purchased an ownership stake of 75% in ME Production (MEP), a Danish industrial company specializing in developing and producing advanced and green marine equipment.The new partnership builds on a year long collaboration between TORM and MEP with the two companies working closely together, especially in relation to TORM’s substantial exhaust gas cleaning (scrubber) commitment. MEP has gained strong expertise in developing and producing components for the maritime industry, including scrubbers for the shipping industry. Here the two parties have formed a successful JV