Arnold Peter Møller, commonly known as A. P. Møller, was a Danish shipping magnate, businessman who was the founder of the A.P. Moller-Maersk Group in 1904.
Background
A. P. Møller was the son of captain Peter Mærsk Møller and Anna Hans Jeppesen. His mother came from a well known shipping dynasty in Dragør and his maternal grandfather Hans Jeppesen Davidsen was known as "the King of Dragør". In 1904, A. P. Møller and his father founded Dampskibsselskabet Svendborg (Steamship Company Svendborg) with a capital of DKK 150,000, to take advantage of business opportunities created by the introduction of steam ships.
Career
A. P. Møller went on to found Dampskibsselskabet af 1912 (Steamship Company of 1912) to be free to operate his business as he chose. The two companies were merged as A.P. Møller-Mærsk in 2003. Arnold, also known under his middle names as Mærsk Mc-Kinney Møller, would become the long-term successor to A. P. Møller.
The First World War was a very lucrative period for the shipping business, and A. P. Møller managed to take full advantage of the opportunities. After the war his company was the fourth biggest shipping company in Denmark. The company grew steadily in the interwar years and was the biggest in Denmark at the outbreak of the Second World War.
Before the German invasion of Denmark in April 1940, A.P. Møller telegraphed his ships not to obey orders from the occupied Denmark. During the Occupation of Denmark from 1940 to 1945, Mærsk Mc-Kinney Møller ran a substantial part of the company from the United States. But the family lost a great deal of money because the US government would not pay full compensation for the use of their ships during the war.
A. P. Møller was also involved in business ventures outside the shipping industry. He secured a contract on drilling oil in the Danish part of the North Sea in 1962. In 1964, Møller joined merchant Herman Salling in a 50-50 ownership of the retail chain Dansk Supermarked.
This chain went on to become the biggest retail company in Denmark.