Hanseatic Global Terminals acquires majority stake in terminal operator in Le Havre

Hapag-Lloyd's fully owned subsidiary Hanseatic Global Terminals (HGT) has successfully completed the acquisition of 60 per cent of the shares in CNMP LH from the Seafrigo Group.

CNMP LH operates the Atlantique container terminal in Le Havre, France, as an independent company for its customers worldwide.

The remaining 40 per cent of the shares in CNMP LH will continue to be held by the Seafrigo Group, a company specialising in temperature-controlled food logistics. The contracting parties have agreed to not disclose any financial details of the transaction.

HGT said Le Havre numbers among the 10 largest ports in Europe and is one of the most important ports for sea transport to and from France with an annual container throughput of three million TEUs, in addition to offering excellent hinterland connections to Paris.

HGT expects the container throughput of the CNMP LH terminal to grow in the coming years, including in the reefer container segment.