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Wrist Group to sell off OW Bunker
Denmark's Wrist Group is in the process of being broken up by its owners, Swedish private equity firm Altor Equity Partners (Altor), to help it sell off key companies OW Bunker and Wrist Ship Supply, according to reports in Danish media. "Our plan is that we will sell the two parts separately because they appeal to different kinds of buyers," Søren Johansen, Partner at Altor, told Danish business daily Dagbladet Børsen. "We are currently working on finalising the separation, which operationally has been in place for a while."
CPG ALMA 9326677
The "OW Baltic" was called from Rostock for lightering operations regarding the grounded Malta-flagged bulkcarrier "Odin Pacific", 16761 gt (IMO: 9132674) off Bornholm. It went alongside the casualty on July 12, 2010, and is due to take aboard 419 tons oil until the midday hours of July 13.
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