Hapag-Lloyd subsidiary Hanseatic Global Terminals (HGT) has acquired the 60% of the shares in CNMP LH from Seafrigo Group. CNMP LH operates the Atlantique container terminal in Le Havre, France, as an independent company for its customers worldwide.
The remaining 40% of the shares in CNMP LH will continue to be held by Seafrigo Group, a company specialized in temperature-controlled food logistics.
Financial details of the deal were not disclosed.
“By acquiring a majority stake in the CNMP LH terminal in Le Havre, we are strengthening our position in one of our core European markets. At the same time, we are continuing to expand our global terminal portfolio while paving the way for targeted investments to enhance efficiency. The transaction will therefore directly contribute to the vigorous realisation of our Strategy 2030,” said Dheeraj Bhatia, chief executive officer of Hanseatic Global Terminals.
Hapag-Lloyd claims that Le Havre is the most important port for sea transport to and from France with an annual container throughput of 3 million TEU.
Hanseatic Global Terminals aims to expand to more than 30 terminals by 2030.
