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Press release: Wrist Group strengthens its Ship Supply business

PRESS RELEASE

Noerresundby - Denmark

3 October 2022

As of 1st October 2022, Peder Winther has joined Wrist Group in a new position as CEO for the Ship Supply business to prepare Wrist Group for the future and the delivery of an aggressive increase in turnover and EBITA by end 2026 through organic growth and M&A.

Peder Winther has joined Wrist Group October 1st as CEO for the Ship Supply business and will become part of the Global Management Team and the Executive Management together with Group CEO, Jens Holger Nielsen and Group CFO, Anders Skipper. Peder Winther will take the daily responsibility for the Ship Supply regions, Global Sales and Marketing, Global Procurement and Process Excellence.

The strengthening of the ship supply business is part of Wrist’s strategic initiatives for future growth.

“We have a unique market position, and as a Group we have – through a lot of hard work by the organization – been doing well the past few years despite Covid 19’s grip. Now, we want to take the next steps and prepare Wrist Group for the future and the delivery of an aggressive 4-year strategy plan that calls for doubling turnover and tripling EBITA by end 2026 through organic growth and M&A”, says Jens Holger Nielsen, Group CEO.

“Time has come to take the Ship Supply business on its next journey, and we have in Peder Winther found the right person to help us do exactly this”, continues Jens Holger Nielsen.

Peder comes from a distinguished career in shipping and logistics, most recently as CEO for CEVA Logistics Europe.

“There is an enormous potential in the Ship Supply business through further increased scope and scale leveraging our customer approach and global service further. A lot of work has been going into this through dedicated Customer, Process and Operational Excellence initiatives, and now we want to take this performance and service to our customers to the next level”, says Jens Holger Nielsen.

“Peder is a considerable and respected capacity in shipping and logistics, and I believe, with this addition, we are very strongly positioned as a global team and business for the future”, says Jens Holger Nielsen.

About Wrist
Wrist is the world’s leading ship and offshore supplier of marine provisions and stores with a market share of approximately 9%. Wrist is the only stores and provisions marine supplier with a global network of supply operations. Wrist also offers services within owners’ goods and spare parts logistics and distribution combining deliveries to vessels.

Wrist is leading the digitalization agenda of the maritime supply industry. All year round, we offer 24/7 global online sourcing and logistics providing data transparency, automation, and convenience to customers.

We continuously work on reducing our own climate impact while at the same time meeting our customers’ growing demand for responsible solutions and services. From more than 30 locations worldwide in all major shipping locations, 1,600 Wrist employees take pride in making it easy for customers to order and receive supplies – where and when it is requested.

Key figures

Access complete Annual Report 2021 and Business Review 2021 here


Contacts
Jens Holger Nielsen, Group CEO, Wrist Ship Supply
Phone: +45 9931 9649

Anders Skipper, Group CFO, Wrist Ship Supply
Phone: +45 9931 8177

Photos, press material, etc.:
Tine Lind, Director Group Marketing and Communication, Wrist Ship Supply
Email: tili@wrist.com, phone: +45 4174 8947

Wrist Ship Supply A/S
Stigsborgvej 60, 9400 Noerresundby, Denmark
wrist.com

 

 

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