Hapag-Lloyd and NileDutch signed a sale and purchase agreement, says a press release published on their website.
The agreement
Hapag-Lloyd and NileDutch signed a sale and purchase agreement where Hapag-Lloyd buys all the shares of the Dutch container shipping company NileDutch Investments B.V.
Africa’s specialist NileDutch
NileDutch is one the leading providers of container services from and to West Africa, with an expertise of 40 years.
The company is present across 85 cities in the world and has 16 personal offices. With 10 liner services, around 35,000 TEU of transport capacity and a container fleet of around 80,000 TEU, the company connects Europe, Asia and Latin America with West and South Africa.
NileDutch has some 350 employees worldwide with particular expertise in the African market.
About Hapag-Lloyd
Hapag-Lloyd is one of the world’s leading liner shipping companies, with a fleet of 234 modern container ships and a total transport capacity of 1.7 million TEU.
Hapag-Lloyd has a container capacity of approximately 2.7 million TEU – including one of the largest and most modern fleets of reefer containers. A total of 121 liner services worldwide ensure fast and reliable connections between more than 600 ports on all the continents.
The Company has around 13,200 employees and 388 offices in 129 countries. Hapag-Lloyd is one of the leading operators in the Transatlantic, Middle East, Latin America and Intra-America trades.
CEO of Hapag-Lloyd speaks about the acquisition
“Africa is an important strategic growth market for Hapag-Lloyd. The acquisition of NileDutch strengthens our position in West Africa and will be an excellent addition to our existing activities on the continent. Our combined customer base will benefit from a denser network from and to Africa as well as from a much higher frequency of sailings. We welcome the new colleagues from NileDutch and hope that together we can further develop our business in Africa in the years to come,” said Rolf Habben Jansen, CEO of Hapag-Lloyd.
President of NileDutch
Wim van Aalst, President of NileDutch, added: “Hapag-Lloyd and NileDutch are a very good fit and I am happy that we join forces. Combining our business and expertise in West Africa with Hapag-Lloyd´s worldwide network will enable us to make the next step and further develop the Africa business.”
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Source: Hapag-Lloyd
