In a move that further reshapes the global liner landscape, Hapag-Lloyd has agreed to acquire ZIM Integrated Shipping Services Ltd. in an all-cash transaction valued at approximately $4.2 billion, the companies announced
In a move that further reshapes the global liner landscape, Hapag-Lloyd has agreed to acquire ZIM Integrated Shipping Services Ltd. in an all-cash transaction valued at approximately $4.2 billion, the companies announced today.
Under the terms of the merger agreement, Hapag-Lloyd will acquire ZIM for $35.00 per share in cash, representing a 58% premium to ZIM’s prior-day closing stock price, a 90% premium to its 90-day VWAP, and a 126% premium to its unaffected share price of $15.50 in August 2025 prior to market speculation.
The transaction, unanimously approved by ZIM’s Board of Directors, is expected to close by late 2026, subject to shareholder and regulatory approvals, including consent from the State of Israel tied to ZIM’s Special State Share.
The combination strengthens Hapag-Lloyd’s standing as the fifth-largest container shipping company worldwide. The merged company is projected to operate a fleet of more than 400 vessels, with total capacity exceeding 3 million TEU and annual cargo volumes of more than 18 million TEU by 2027.
Strategically, the deal expands service offerings across the Transpacific, Intra-Asia, Atlantic, Latin America and East Mediterranean trades, complemented by Hapag-Lloyd’s participation in the Gemini network.
For customers, the companies emphasize a broader global network and
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