Hapag-Lloyd Acquires Africa Carrier NileDutch

Posted on July 14, 2021

Hapag-Lloyd has successfully closed the acquisition of the Dutch container shipping company Nile Dutch Investments B.V. (NileDutch). After signing a sales and purchase agreement in March, Hapag-Lloyd has now formally acquired all shares of the company after all responsible antitrust authorities had approved the transaction.

 “We are very excited about closing the deal and look forward to working with our new colleagues to unlock the enormous potential that Africa has to offer”, explains Rolf Habben Jansen, CEO of Hapag-Lloyd. “With the people from NileDutch joining our company, Hapag-Lloyd is noticeably increasing the number of employees on the ground in Africa. We are happy and excited to welcome NileDutch’s roughly 350 employees to the Hapag-Lloyd family.”  

Depending on market conditions, Hapag-Lloyd and NileDutch are aiming to integrate major parts of their businesses already in the later part of 2021 to be able to offer the full benefits of the combined network to their customers as soon as possible.

With 40 years of experience in the market, NileDutch is one of the leading shipping companies along the West African coast. Headquartered in Rotterdam, NileDutch is present in 85 locations across the world and has 16 offices in the Netherlands, Belgium, France, Singapore, China, Angola, Congo and Cameroon. The company also brings with it 10 liner services, around 35,000 TEU of transport capacity, and a container fleet with a capacity of around 80,000 TEU.

The integration will be moving at a swift pace and full commercial integration is expected to be completed by the end of 2021.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Lagos State Governor, Mr. Babajide Sanwo-Olu has appointed Comrade Giwa Moore as his new... Continue
MICHAEL AKINOLA  Two teenage robbers, Adamu Ali,19 and Rabiu Sali, have been arrested and... Continue
In the ever-evolving landscape of Nigerian politics, gender dynamics play a crucial role in... Continue
The Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu and Senator Mukhail Adetokunbo Abiru, FCA,... Continue
KINGSLEY EBERE  Operatives of the Edo State Police Command have arrested two suspects for... Continue
The Lagos State Government has not increased the minimum wage, contrary to the impression... Continue
BABAFEMI OJUDU I received the sad news of the passing of my former colleague... Continue
MICHAEL AKINOLA  The family of late Mr. Elias and Mrs. Charity Ngozichukwuka Nwoke, from... Continue
  The last may not have been heard of the recently conducted gubernatorial primaries... Continue
ULOKA CHIBUIKE  In the light of the commencement of the Dangote Oil refinery, the... Continue

UBA


Access Bank

Twitter

Sponsored