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Limassol investor acquires historic Danish maritime firm

Cyprus Mail · 2026-07-13

AI SUMMARY

• What happened: Jesper Weller, a Limassol-based maritime investor, has acquired the historic Danish maritime supplier Berg & Larsen, which has been in operation for over 230 years. Soren Kristiansen, the previous owner, will remain as chief executive to ensure a smooth transition. • Why it matters: This acquisition strengthens the ties between Cyprus' shipping sector and Denmark's maritime industry, while also positioning Berg & Larsen for further international expansion and growth under Weller's leadership. • What to watch next: Stakeholders will be observing how Weller's vision and experience influence Berg & Larsen's operations and its ability to adapt to the evolving demands of the global shipping market.

**Limassol Investor Acquires Historic Danish Maritime Firm**

In a significant development for the maritime industry, Jesper Weller, a maritime professional and investor based in Limassol, has acquired Berg & Larsen, a renowned Danish maritime supplier with a legacy spanning over 230 years. This acquisition not only marks a new chapter for the historic company but also strengthens the ties between Cyprus' burgeoning shipping sector and one of Denmark's oldest maritime businesses.

Berg & Larsen, founded in 1794 in Copenhagen's Nyhavn district, has a rich history and has navigated through centuries of changes in the shipping landscape. The firm specializes in supplying technical spare parts for essential equipment used aboard commercial vessels, catering to shipowners, managers, and operators on an international scale. Under the leadership of Soren Kristiansen, who owned and managed the company for the past two decades, Berg & Larsen expanded its reach beyond its traditional Danish market, developing a broader international customer base.

The transition of ownership from Kristiansen to Weller is designed to ensure continuity, with Kristiansen remaining in his role as chief executive. This arrangement is expected to facilitate a smooth transition as the company embarks on its next phase of growth and development. Weller expressed his deep respect for Kristiansen's achievements and the dedication of the company's employees, emphasizing the importance of the firm's reputation built on trust and competence within the maritime community.

Weller's vision for Berg & Larsen includes a focus on further international expansion, attracting new customers, and enhancing the product range to meet the evolving demands of global shipping. "The strength of Berg & Larsen has always been its people, its competence and the trust it has earned from customers throughout the maritime world," Weller stated. He aims to build on these strengths while ensuring that the company continues to evolve alongside its clientele.

A qualified marine engineer and former seafarer, Weller brings a wealth of experience to his new role. He has worked in both onboard and shore-based maritime operations and is also the founder and chief executive of AQUAREX International, a maritime water purification and beverage solutions business established in 2020, with roots in both Cyprus and Denmark. This background positions him well to lead Berg & Larsen into its next chapter.

The acquisition holds personal significance for Weller, whose family has relied on Berg & Larsen's services for generations. He shared that the company has been a trusted supplier for at least three generations of his family, all of whom have worked as seafarers for Danish shipping firms. "It is with great humility and respect for the many generations before me that I assume the ownership of this remarkable company," Weller remarked, highlighting the deep connection between his family's maritime history and Berg & Larsen.

Kristiansen expressed pride in transferring ownership to Weller, noting his understanding of the maritime industry and shared values that underpin the business. He conveyed confidence that Weller's technical expertise, international perspective, and respect for the company's heritage would foster continued growth for Berg & Larsen in the years to come.

With Weller's base in Limassol, the acquisition is expected to enhance Berg & Larsen's connection to Cyprus' international maritime community, thereby bolstering its presence in the global shipping arena. As the company prepares for this new phase under Weller's leadership, it remains committed to its foundational principles while adapting to the changing dynamics of the maritime industry.

As Berg & Larsen embarks on this new journey, stakeholders in both Cyprus and Denmark will be watching closely to see how the company leverages its rich history and Weller's vision for future growth in the maritime sector.

Source: Cyprus Mail
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