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The carrier acquires 49% of the company

Hapag Lloyd joins the Spinelli Group

by Port News Editorial Staff

Hapag Lloyd has become part of the Spinelli Group, with the acquisition of a 49% share.

The news, which was first disclosed yesterday by Secolo XIX and www.shippingitaly.it, has been confirmed this morning by the German carrier in a press release stating that the parties preferred not to disclose the financial details of the agreement.

The German shipowner has acquired 45% of the company from the investment fund Icon Infrastructure, which is therefore no longer in the picture. The remaining 4% was purchased by the Spinelli family, which still holds a 51% stake.

Translation by Giles Foster

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