Successful Completion of Hapag-Lloyd’s Acquisition of NileDutch

Hapag-Lloyd has successfully completed the acquisition of the Dutch container shipping company Nile Dutch Investments B.V. (NileDutch) today. After signing a purchase agreement in March, Hapag-Lloyd has now formally acquired all shares of the company, following approval from all relevant antitrust authorities for the transaction.

(Hamburg) “We are very pleased with the completion of the transaction and look forward to unlocking the enormous potential that Africa has to offer together with our new colleagues,” says Rolf Habben Jansen, CEO of Hapag-Lloyd. “With the entry of the employees of NileDutch into our company, Hapag-Lloyd significantly increases its local staff in Africa. We are excited to welcome the approximately 320 women and men from NileDutch into the Hapag-Lloyd family.”

Depending on market conditions, Hapag-Lloyd and NileDutch aim to integrate significant parts of their business later in 2021 to offer their customers the full benefits of the combined network as soon as possible.

Integration Expected to be Completed by the End of 2021

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 at 85 locations worldwide and has 16 offices in the Netherlands, Belgium, France, Singapore, China, Angola, Congo, and Cameroon. The company also brings 7 liner services, approximately 35,000 TEU of transport capacity, and a container fleet with a capacity of around 80,000 TEU.

The integration will progress swiftly, and full business integration is expected to be completed by the end of 2021.

Photo: © Hapag-Lloyd