Hapag-Lloyd to acquire NileDutch.

Hapag-Lloyd, a German international shipping and container transportation company, agreed to acquire NileDutch, a container shipping company. Financial terms were not disclosed. “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,” Rolf Habben Jansen, Hapag-Lloyd CEO.