.
MergerLinks Header Logo

New Deal


Announced

Hapag-Lloyd to acquire a 30% stake in Container Terminal Wilhelmshaven at JadeWeserPort from Eurogate.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For30%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Pending

Friendly

Marine Transportation

Germany

Domestic

container terminals

Acquisition

Minority

Private

Single Bidder

Synopsis

Edit

Hapag-Lloyd, a liner shipping company, agreed to acquire a 30% stake in Container Terminal Wilhelmshaven at JadeWeserPort, from Eurogate, a shipping line-independent container terminal group. Financial terms were not disclosed. “The decision of Hapag-Lloyd, Germany’s leading shipping company, to participate in the Eurogate CTW at JadeWeserPort is a good signal for the port, the region, Lower Saxony and Northern Germany," Dr Bernd Althusmann, Lower Saxony Minister of Economic Affairs and JadeWeserPort-Realisierungsgesellschaft supervisory board chairman.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US