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Announced

Norton Lilly International to acquire a 70% stake in S5 Agency World from First Dutch.

Synopsis

Norton Lilly International, a maritime logistics agency, agreed to acquire a 70% stake in S5 Agency World, a global shipping agency services and hub solutions provider, from First Dutch, a family of companies active in energy, health and technology markets. Financial terms were not disclosed. “We are tremendously excited about the opportunities this transformative partnership with NLI will bring. Combining our respective strengths and capabilities will enable us to deliver unparalleled value to our clients while propelling our continued success in the maritime agency market,” Peter Goedvolk, First Dutch Founder and Chairman.

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