News / Hapag-Lloyd invests in Spinelli Group as it boosts Med ports business

Hapag-Lloyd has moved to further strengthen its position in the Mediterranean port sector after announcing that it has agreed to acquire a 49% stake in Italy’s Spinelli Group for an undisclosed amount.

Spinelli’s businesses include operating two container terminals in Italy, in the northern gateway of Genoa, and Salerno, near Naples, along with associated container repair depots, and operating a fleet of 600 trucks involved in container haulage.

The deal represents the German carrier’s latest investment in its nascent port portfolio, which ...