Announced
Financials
Tags
Pending
Friendly
Marine Transportation
Germany
Domestic
container terminals
Acquisition
Minority
Private
Single Bidder
Synopsis
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.
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