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Hapag-Lloyd acquires Africa carrier NileDutch

Christian Fernsby |
Hapag-Lloyd successfully closed the acquisition of the Dutch container shipping company Nile Dutch Investment (NileDutch).

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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.

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 7 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.

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