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Mar 18, 2021 at 6:22 AMHapag-Lloyd AG acquires the Dutch Africa specialist Nile Dutch. The acquisition significantly strengthens Hapag-Lloyd’s position in the African market. Customers will benefit from an even denser network and higher departure frequencies. The antitrust authorities still need to approve the transaction.
(Hamburg) Hapag-Lloyd and NileDutch have today signed a sales and purchase agreement under which Hapag-Lloyd acquires all shares in the Dutch container shipping company Nile Dutch Investments B.V. (NileDutch). With around 40 years of expertise, NileDutch is one of the leading providers of container services to and from West Africa. The company is present at 85 locations worldwide and has 16 offices in the Netherlands, Belgium, France, Singapore, China, Angola, Congo, and Cameroon. With ten liner services and around 35,000 TEU transport capacity and a container fleet of approximately 80,000 TEU, the company connects Europe, Asia, and Latin America with Western and Southern Africa. NileDutch is headquartered in Rotterdam and employs around 350 staff worldwide, who possess special expertise in the African market.
Africa is a Strategic Growth Market
“Africa is an important strategic growth market for Hapag-Lloyd. The acquisition of NileDutch strengthens our position, especially in West Africa, and is an excellent complement to our existing activities on the continent. Our joint customers will benefit from a denser network to and from Africa as well as significantly higher transport frequencies. We warmly welcome our new colleagues from NileDutch and hope to further develop our business in Africa together in the coming years,” said Rolf Habben Jansen, CEO of Hapag-Lloyd.
Wim van Aalst, President of NileDutch, added: “Hapag-Lloyd and NileDutch fit very well together, and I am pleased that we are joining forces. Combining our business and expertise in West Africa with Hapag-Lloyd’s global network will enable us to take the next step and further expand the Africa business.
The completion of the transaction is still subject to approval by the relevant antitrust authorities.
Photo: © Hapag-Lloyd
