Hapag-Lloyd Acquires Africa Specialist NileDutch

Posted on March 18, 2021

Hapag-Lloyd and NileDutch have signed a sale and purchase agreement where Hapag-Lloyd acquires all shares of the Dutch container shipping company Nile Dutch Investments B.V. (NileDutch).

With over 40 years of expertise, NileDutch is one the leading providers of container services from and to West Africa. The company is present in 85 locations across the world and has 16 own offices in the Netherlands, Belgium, France, Singapore, China, Angola, Congo and Cameroon. With 10 liner services, around 35,000 TEU of transport capacity and a container fleet of around 80,000 TEU, the company connects Europe, Asia and Latin America with West and South Africa. Headquartered in Rotterdam, NileDutch has some 350 employees worldwide with particular expertise in the African market.

“Africa is an important strategic growth market for Hapag-Lloyd. The acquisition of NileDutch strengthens our position in West Africa and will be an excellent addition to our existing activities on the continent. Our combined customer base will benefit from a denser network from and to Africa as well as from a much higher frequency of sailings. We welcome the new colleagues from NileDutch and hope that together we can further develop our business in Africa in the years to come,” said Rolf Habben Jansen, CEO of Hapag-Lloyd.

Wim van Aalst, President of NileDutch, added: “Hapag-Lloyd and NileDutch are a very good fit and I am happy that we join forces. Combining our business and expertise in West Africa with Hapag-Lloyd´s worldwide network will enable us to make the next step and further develop the Africa business.”

The completion of the transaction is subject to the approval of the responsible antitrust authorities.

Leave a Reply

Your email address will not be published.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

Latest News

  As international travel continues to gain momentum among Nigerian travellers, industry professionals are... Continue
The Federal High Court in Abuja on Thursday sentenced three men accused of complicity... Continue
Governor Dauda Lawal of Zamfara State has signed a series of Executive Orders establishing... Continue
Zenith Bank Plc has been named “Africa’s Best Bank” and “Nigeria’s Best Bank” at... Continue
  ADEOLA OGUNLADE The Executive Chairman of Ikeja Local Government, Comrade Akeem Olalekan Dauda... Continue
In a bid to safeguard power infrastructure in line with current reforms, the Honourable... Continue
The Association of Advertising Agencies of Nigeria (AAAN) will today commence its 53rd Annual... Continue
  The President General of notable Niger Delta socio-cultural group, the Orashi National Congress,... Continue
There’s a reason you — yes, you reading this — would jump higher than... Continue
In a significant demonstration of its commitment to alleviating hunger and supporting vulnerable communities,... Continue

UBA


Access Bank

Twitter

Sponsored