Hapag-Lloyd Acquires Nile Dutch Investments B.V.

Source: www.gulfoilandgas.com 3/17/2021, Location: Africa

Hapag-Lloyd AG has just signed a sale and purchase agreement to acquire all shares of the Dutch container shipping company Nile Dutch Investments B.V. (NileDutch). NileDutch is one of the leading providers of container services from and to West Africa. The transaction forms part of Hapag-Lloyd's strategy to strengthen its own presence in the growing African market. Completion of the transaction is subject to the approval of the responsible antitrust authorities.


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