Hapag-Lloyd completes Spinelli deal

Antitrust authorities have approved Hapag-Lloyd’s acquisition of a minority stake in the Spinelli Group after signing took place in September 2022. Hapag has acquired 49% of the shares in one of Italy’s leading terminal and transport operators. The remaining 51% of the shares remain in the hands of the Spinelli family. The parties have agreed to not disclose any financial details of the deal.

In driving its Strategy 2023, Hapag has continuously expanded its involvement in the terminal sector, most recently through an agreement to acquire a stake in the terminal business of Chile-based SM SAAM. Hapag also has stakes in JadeWeserPort in Wilhelmshaven, the Container Terminal Altenwerder in Hamburg, Terminal TC3 in Tangier, and Terminal 2 in Damietta, Egypt, which is currently under construction.

With a fleet of 252 container ships and a total transport capacity of 1.8 million TEUs, Hapag-Lloyd has around 14,500 employees and more than 400 offices in 137 countries.

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