Hapag-Lloyd has struck a deal to acquire and NileDutch, a container shipping line that services the West Africa region and other emerging markets, as part of its global investment strategy.
In a statement, the carrier said NileDutch is present in 85 locations across the world and has 16 offices.
With 10 liner services, around 35,000 TEU of transport capacity and a container fleet of around 80,000 TEU, the company connects Europe, Asia and Latin America with West and South Africa.
Headquartered in Rotterdam, NileDutch has some 350 employees worldwide with particular expertise in the African market.
Rolf Habben Jansen, CEO of Hapag-Lloyd, said, “Africa is an important strategic growth market for Hapag-Lloyd. The acquisition of NileDutch strengthens our position in West Africa and will be an excellent addition to our existing activities on the continent.
“Our combined customer base will benefit from a denser network from and to Africa as well as from a much higher frequency of sailings. We welcome the new colleagues from NileDutch and hope that together we can further develop our business in Africa in the years to come.”
Wim van Aalst, President of NileDutch, added, “Hapag-Lloyd and NileDutch are a very good fit and I am happy that we join forces. “Combining our business and expertise in West Africa with Hapag-Lloyd´s worldwide network will enable us to make the next step and further develop the Africa business.”