Comment / M&A radar: The birth of a German super-stevedore – more takeover than merger

Hamburg’s major container terminal operator HHLA announced at the end of May that it had entered into strategic talks with its German peers, Eurokai and BLG International.

In this type of situation, all outcomes are possible but should we eagerly prepare for a three-way merger now? While some already put that question forward, here is our answer.

Statement

“Hamburger Hafen und Logistik AG (HHLA), Eurokai GmbH & Co. KGaA and BLG Logistics Group AG & Co. KG are currently conducting initial exploratory talks. ...