Hanseatic Global Terminals (HGT) has completed the acquisition of 60 per cent 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 per cent of the shares in CNMP LH will continue to be held by Seafrigo Group, a company specialised in temperature-controlled food logistics. The contracting parties have agreed not to disclose any financial details of the transaction.
The Port of Le Havre has an annual container throughput of 3 million TEUs, and offers hinterland connections to Paris. The container throughput of the CNMP LH terminal is expected to grow in the coming years, also – including in the attractive reefer container business.
“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,” said Dheeraj Bhatia, Chief Executive Officer (CEO) of Hanseatic Global Terminals (HGT).
“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.”
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“We are very pleased to have a strong partner at our side in Hanseatic Global Terminals, with whom we will continue to modernise the CNMP LH terminal in Le Havre,” said Eric Barbé, President of Seafrigo Group.
“This will significantly raise the profile of our joint terminal as an important gateway for container transports in the Port of Le Havre.”
Last month, Hapag-Lloyd announced it will use green financings for the 24 large containerships it ordered in October 2024.
