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New Deal


Announced

Hapag-Lloyd to acquire the container liner business from Deutsche Afrika-Linien.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

South Africa

Single Bidder

Friendly

Acquisition

containers

Private

Marine Transportation

Majority

Cross Border

Synopsis

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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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