Hapag-Lloyd has successfully closed the acquisition of the container liner business of German carrier Deutsche Afrika-Linien (DAL), after having signed the framework agreement in March 2022. In advance, the transaction had been approved by all responsible antitrust authorities.
DAL is an established liner shipping company for the transportation of containerised cargo and operates with four liner services between Europe, South Africa, and the Indian Ocean. Headquartered in Hamburg, the company is represented with own offices in Germany and South Africa as well as through third-party agents in 47 countries worldwide. Their liner business (including agencies) employs more than 150 people. DAL owns a 6,589 TEU container ship and operates a container fleet of around 17,800 boxes (owned and leased), which will be taken over as part of the acquisition.
Hapag-Lloyd states that the integration will be moving at a swift pace, and full commercial integration is expected to be completed by the fourth quarter of 2022.