Announced
Financials
Tags
Pending
South Africa
Single Bidder
Friendly
Acquisition
containers
Private
Marine Transportation
Majority
Cross Border
Synopsis
Hapag-Lloyd, a provider of luxury and expedition cruise services, agreed to acquire the container liner business from Deutsche Afrika-Linien, a German carrier. Financial terms were not disclosed. “Africa remains an important strategic growth market. Particularly for our service offering from and to South Africa, DAL is a valuable addition allowing us to offer our customers a better network and additional port coverage in this region. We are very much looking forward to welcoming the DAL colleagues. With their broad experience and market knowledge, they will significantly support us to further grow in Africa,” Rolf Habben Jansen, Hapag-Lloyd CEO.
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