- HGT completes 60% acquisition of CNMP LH from Seafrigo Group, strengthening its terminal portfolio.
- Le Havre terminal is a key European hub with a container throughput of 3 million TEU annually and strong hinterland connections.
- Acquisition supports HGT’s Strategy 2030, focusing on expansion, efficiency, and investment in terminal infrastructure.
- Seafrigo Group retains 40% ownership, continuing its expertise in temperature-controlled food logistics.
Hanseatic Global Terminals (HGT) has finalized the acquisition of a 60% stake in CNMP LH from Seafrigo Group, further solidifying its presence in the European market. CNMP LH, which operates the Atlantique container terminal in Le Havre, will continue serving global customers as an independent entity. Seafrigo Group retains 40% ownership, maintaining its focus on temperature-controlled food logistics. According to Hapag-Lloyd, the financial terms of the transaction remain undisclosed.
Strategic Importance of Le Havre Terminal
Le Havre is one of Europe’s top 10 ports and serves as France’s most crucial maritime hub, handling three million TEU annually. With strong hinterland connectivity to Paris, the terminal is expected to witness continued growth, especially in the reefer container sector, which remains a key focus area.
Strengthening Market Position and Future Growth
The acquisition strengthens HGT’s foothold in a core European market while supporting its broader global expansion strategy. CEO Dheeraj Bhatia emphasized that this move aligns with Strategy 2030, aimed at enhancing efficiency, modernizing infrastructure, and driving long-term growth.
Partnership for Modernization and Development
Seafrigo Group President Eric Barbé expressed optimism about the collaboration, highlighting joint efforts to modernize CNMP LH. This partnership is expected to enhance the terminal’s role as a critical gateway for container trade in Le Havre, further improving its competitiveness.
Commitment to Long-Term Expansion
Terminal and infrastructure investments remain a central focus of HGT’s strategic agenda. The company aims to expand its portfolio beyond 30 terminals by 2030, reinforcing its commitment to growth, operational excellence, and global competitiveness.
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Source: Hapag-Lloyd
