Container

Hapag-Lloyd buys terminal and logistics business for USD 1bn

German container line Hapag-Lloyd has made a deal about taking over South American terminal and logistics business SAAM Ports and SAAM Logistics for a price of USD 1bn.
Photo: PR / HHLA / DIetmar Hasenpusch
Photo: PR / HHLA / DIetmar Hasenpusch
by JENS THOMSEN

Box carrier Hapag-Lloyd strengthens its port and logistics business with an acquisition of South American companies SAAM Ports and SAAM Logistics for USD 1bn.

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