DOF Group is asking shareholders to add two leading Maersk figures to its board as it moves forward with its $1.1bn acquisition of Maersk Supply Service.
The company wants to add AP Moller Holdings head of shipping & offshore portfolio Erik Bergoo and veteran board member Kristin Holth as directors as it increases its board to seven directors from five.
In a stock exchange filing, DOF Group said the recommendations were made by Maersk Supply Service, where Bergoo and Holth are board members.
Before joining AP Moller Holding, Bergoo held banking roles in Scandinavia, the UK and Singapore.
In addition to his directorship at Maersk Supply Services, the Swedish national is a director at Maersk Product Tankers, APMH Maritime, Verity and Loadsmart.
Holth is also a director at Safe Bulkers, Noble Corp, Maersk Tankers, Equality Check and HitecVision.
DOF Group will hold an extraordinary general meeting on 26 July to approve the transaction, Bergoo and Holth and a new head for its nomination committee.
The DOF Group-Maersk Supply Services deal was announced this month. DOF takes over 13 anchor-handling tug supply vessels, eight construction support vessels and a cable layer.
The purchase allowed DOF Group to “kill two birds with one stone” in growing its fleet while lowering its average fleet age, Fearnleys Offshore Supply analyst Jesper Skjong told TradeWinds.
The agreement was the latest in a flurry of offshore consolidation activity, which included Siem Offshore splitting up at the behest of Norwegian tycoon Christen Sveaas and the company being renamed Sea1 Offshore.
Sveaas has also launched a legal broadside against several Solstad Offshore insiders, alleging Kjell Inge Rokke’s refinancing deal was bad for shareholders.
