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J.P. Morgan Asset Management’s Global Transportation Group has completed its acquisition of Umove from Cube Infrastructure Managers.
Founded in 2013 and headquartered in Copenhagen, Umove A/S provides essential mobility infrastructure services to Public Transport Authorities (PTAs) in Denmark through a diversified portfolio of long-term, availability-based contracts.
Umove has more than 2,000 employees and operates a fleet of more than 850 buses in Denmark.
J.P. Morgan Asset Management’s Global Transportation Group is advised by A&O Shearman led by Paul Strecker, Simon Burrows, Karla Dudek and Helena Marrion and Gorrissen Federspiel with a core team consisting of Mikael Philip Schmidt, Gitte Lansner, Thomas Maaberg Hansen, Louise Sandra Clausen, Johanne Vestergaard Oggesen and Esben Gjetrang.