Spinelli Group

EQS-News: SM SAAM terminal business acquisition successfully completed

Retrieved on: 
Dienstag, August 1, 2023

Hapag-Lloyd to take over terminal stakes in North, Central and South America

Key Points: 
  • Hapag-Lloyd to take over terminal stakes in North, Central and South America
    Hapag-Lloyd today successfully completed its 100 % acquisition of SM SAAM’s terminal business and related logistics services, which is based on an agreement announced in October 2022.
  • The transaction was approved unconditionally by the relevant antitrust authorities of all countries involved in this acquisition process.
  • The acquisition will further strengthen Hapag-Lloyd’s core liner shipping business and help the carrier to build up a robust and attractive terminal portfolio.
  • Hapag-Lloyd has continuously expanded its involvement in the terminal sector and holds stakes in the Container Terminal Wilhelmshaven, the Container Terminal Altenwerder in Hamburg, the Italy-based Spinelli Group, the India-based J M Baxi Ports & Logistics Limited, Terminal TC3 in Tangier, and Terminal 2 in Damietta, Egypt, which is currently under construction.

EQS-News: Share acquisition in J M Baxi Ports & Logistics Limited successfully concluded

Retrieved on: 
Mittwoch, April 19, 2023

Hapag-Lloyd today successfully completed its acquisition of 40% shareholding in J M Baxi Ports & Logistics Limited (JMBPL) previously approved by the relevant antitrust authority.

Key Points: 
  • Hapag-Lloyd today successfully completed its acquisition of 40% shareholding in J M Baxi Ports & Logistics Limited (JMBPL) previously approved by the relevant antitrust authority.
  • In driving its Strategy 2023, Hapag-Lloyd has continuously expanded its involvement in the terminal sector, inter alia through an agreement to acquire the terminal business of Chile-based SM SAAM.
  • By acquiring a stake in JMBPL, Hapag-Lloyd is strengthening its presence in the attractive growth market of India while expanding its terminal and infrastructure business at the same time.
  • The contracting parties agreed to not disclose any financial details of the deal.

EQS-News: Hapag-Lloyd AG acquires share in J M Baxi Ports & Logistics Limited

Retrieved on: 
Donnerstag, Februar 2, 2023

Hapag-Lloyd AG signed a binding agreement today under which it will acquire 35 % of J M Baxi Ports & Logistics Limited (JMBPL) from a Bain Capital Private Equity affiliate.

Key Points: 
  • Hapag-Lloyd AG signed a binding agreement today under which it will acquire 35 % of J M Baxi Ports & Logistics Limited (JMBPL) from a Bain Capital Private Equity affiliate.
  • J M Baxi Ports & Logistics Limited is a leading private terminal and inland transport service provider in India.
  • J M Baxi Ports & Logistics Limited recently won additional concessions for operating container terminals in Nhava Sheva and Tuticorin.
  • Acquiring a significant share in J M Baxi Ports & Logistics Limited will significantly boost our presence in India with a trusted local partner and it is another important step to build up our terminal and infrastructure business,” said Rolf Habben Jansen, CEO of Hapag-Lloyd.

EQS-News: Hapag-Lloyd acquires stake in the Spinelli Group

Retrieved on: 
Sonntag, Januar 22, 2023

The responsible antitrust authorities have approved Hapag-Lloyd’s acquisition of a minority stake in the Spinelli Group, after signing took place in September 2022.

Key Points: 
  • The responsible antitrust authorities have approved Hapag-Lloyd’s acquisition of a minority stake in the Spinelli Group, after signing took place in September 2022.
  • With today’s closing of the transaction, Hapag-Lloyd has acquired 49 percent of the shares in one of Italy’s leading terminal and transport operators.
  • The remaining 51 percent of the shares in the corporate group remain in the hands of the Spinelli family.
  • In addition to the now completed investment in the Italy-based Spinelli Group, Hapag-Lloyd 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.

EQS-News: Hapag-Lloyd achieves very good result in first nine months of 2022

Retrieved on: 
Freitag, November 11, 2022

Hapag-Lloyd has concluded the first nine months of 2022 with an EBITDA of USD 16.6 billion (EUR 15.6 billion) and an EBIT of USD 15.1 billion (EUR 14.2 billion).

Key Points: 
  • Hapag-Lloyd has concluded the first nine months of 2022 with an EBITDA of USD 16.6 billion (EUR 15.6 billion) and an EBIT of USD 15.1 billion (EUR 14.2 billion).
  • Thanks to higher freight rates, we have achieved an exceptionally strong nine-month result.
  • Overall, the strong business performance in the first nine months was in line with the forecast adjusted on 28 July 2022.
  • The financial report of the first nine months of 2022 is available online at:

EQS-News: ​​​​​​​Hapag-Lloyd AG acquires terminal business of SM SAAM S.A.

Retrieved on: 
Dienstag, Oktober 4, 2022

Hapag-Lloyd AG acquires terminal business of SM SAAM S.A.

Key Points: 
  • Hapag-Lloyd AG acquires terminal business of SM SAAM S.A.
  • Hapag-Lloyd AG acquires terminal business of SM SAAM S.A.
    Hapag-Lloyd AG and SM SAAM S.A. signed a binding agreement today under which Hapag-Lloyd will acquire 100 % of the shares of SAAM Ports S.A. and SAAM Logistics S.A. and thereby the entire companys terminal business and associated logistics services.
  • Chile-based SM SAAM is a terminal operator, logistics company and towage provider active in multiple countries in the Americas.
  • SM SAAMs tugboat services and airport logistics services businesses are not part of the transaction and will remain with SM SAAM.

DGAP-News: Hapag-Lloyd acquires minority share in Italy-based Spinelli Group

Retrieved on: 
Donnerstag, September 15, 2022

Today Hapag-Lloyd and Spinelli Group have entered into an agreement to join forces.

Key Points: 
  • Today Hapag-Lloyd and Spinelli Group have entered into an agreement to join forces.
  • The German container liner-shipping company will acquire a 49% in Spinelli Group, a leading Italian logistics group, from existing shareholders, while Spinelli family will continue to hold the majority stake of 51%.
  • Since 1963 Spinelli has been synonymous of Italian logistics, thanks to its wide-reaching and spread-out presence throughout the national port terminals and intermodal centers.
  • The Group has about 700 resources and constantly renews its commitment to supporting the local community and the national systems.