Hapag – Lloyd Seals Acquisition Of Nile Dutch Containers Shipping
Hapag-Lloyd has closed the acquisition of the Dutch container shipping company Nile Dutch Investments B.V. (NileDutch) with the purchase of all shares of the company and the transaction being approved by antitrust authorities.
Rolf Habben Jansen, Chief Executive Officer of Hapag-Lloyd who disclosed this in a statement said the full commercial integration is expected to be completed by the end of 2021.
“We are very excited about closing the deal and look forward to working with our new colleagues to unlock the enormous potential that Africa has to offer”, explains Rolf Habben Jansen, CEO of Hapag-Lloyd.
“With the people from NileDutch joining our company, we are happy to welcome NileDutch’s roughly 320 employees to Hapag-Lloyd.”
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Depending on market conditions, Hapag-Lloyd and NileDutch are aiming to integrate major parts of their businesses in the later part of 2021.
With 40 years of experience in the market, NileDutch is one of the leading shipping companies along the West African coast.
Headquartered in Rotterdam, NileDutch is present in 85 locations across the world and has 16 offices in the Netherlands, Belgium, France, Singapore, China, Angola, Congo and Cameroon.
The company also brings with it seven liner services, around 35,000 teu of transport capacity, and a container fleet with a capacity of around 80,000 TEUs.
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