Hapag-Lloyd acquires Africa specialist NileDutch


Hapag-Lloyd acquires Africa specialist NileDutch

The acquisition considerably strengthens the position of Hapag-Lloyd (www.Hapag-Lloyd.com) in the African market; customers to benefit from an even denser network.

Today, Hapag-Lloyd and NileDutch signed a buy and sell agreement whereby Hapag-Lloyd acquires all the shares of the Dutch container shipping company Nile Dutch Investments BV (NileDutch). With over 40 years of expertise, NileDutch is a leading provider of container services to and from West Africa. The company is present in 85 sites around the world and has 16 offices in the Netherlands, Belgium, France, Singapore, China, Angola, Congo and Cameroon. With 10 liner services, around 35,000 TEUs of transport capacity and a container fleet of around 80,000 TEUs, the company connects Europe, Asia and Latin America to West Africa and from South. Based in Rotterdam, NileDutch has some 350 employees worldwide with particular expertise in the African market.

READ  Russia, China vaccines must 'show data' for EU approval

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

READ  Uganda Rugby Union (URU) conducts a refresher course for referees

Wim van Aalst, President of NileDutch, added: “Hapag-Lloyd and NileDutch are a great fit and I am happy that we are joining forces. Combining our activities and expertise in West Africa with Hapag-Lloyd’s global network will allow us to take the next step and further develop the business in Africa. “

Completion of the transaction is subject to the approval of the relevant antitrust authorities.

READ  Coronavirus – Rwanda: COVID-19 Update (February 11, 2021)

Hapag-Lloyd acquires Africa specialist NileDutch - NNN.