Hanseatic Global Terminals (HGT), a wholly owned subsidiary of Hapag-Lloyd, has successfully acquired a 60 percent stake in terminal operator CNMP LH in Le Havre from the Seafrigo Group. With this majority stake, Hanseatic Global Terminals is expanding its global terminal portfolio to a total of 21 locations.
Dheeraj Bhatia, CEO of Hanseatic Global Terminals (HGT), emphasised the importance of the transaction for the company’s long-term strategy:
“This acquisition strengthens our position in one of our core European markets. At the same time, we are further expanding our global terminal portfolio and paving the way for targeted investments to increase efficiency. The transaction will therefore directly contribute to the consistent implementation of our 2030 Strategy.”
Partnership with the Seafrigo Group
The Seafrigo Group will retain a 40 percent stake in CNMP LH and contribute its expertise in temperature-controlled food logistics. Eric Barbé, President of the Seafrigo Group, welcomed the collaboration:
“With Hanseatic Global Terminals as a strong partner, we will modernise the CNMP LH Terminal. This will significantly strengthen the profile of our joint terminal as an important gateway for container transport in the Port of Le Havre.”
Importance of the Port of Le Havre
Le Havre is one of the ten largest ports in Europe and, with an annual container throughput of 3 million TEU, is the leading port for maritime transport in France. Its excellent hinterland connections to Paris make it a crucial hub for international supply chains. The expansion of the CNMP LH Terminal is expected to further grow the refrigerated container business in particular.
HGT’s future plans and investments
Headquartered in Rotterdam, Hanseatic Global Terminals currently operates 21 port terminals in 12 countries across four continents and plans to expand its terminal network to over 30 locations by 2030. Investments in terminal and infrastructure projects play a key role in this process. In addition to Latin America, the USA, and India, HGT is increasingly focusing on expansion in key European locations.