Hanseatic Global Terminals (HGT) has successfully completed the acquisition of a 60% stake in CNMP LH from Seafrigo Group. CNMP LH operates the Atlantique container terminal in Le Havre, France, serving customers worldwide as an independent company. Seafrigo Group, specializing in temperature-controlled food logistics, will retain the remaining 40% of the shares in CNMP LH. The financial details of the transaction have not been disclosed.
Le Havre is one of the 10 largest ports in Europe and France’s most important port for sea transport, handling 3 million TEU annually. The CNMP LH terminal is poised for container throughput growth, particularly in the reefer container sector, and benefits from excellent hinterland connections to Paris.
“By acquiring a majority stake in the CNMP LH terminal in Le Havre, we are strengthening our position in one of our core European markets,” said Dheeraj Bhatia, Chief Executive Officer (CEO) of Hanseatic Global Terminals (HGT). “At the same time, we are continuing to expand our global terminal portfolio while paving the way for targeted investments to enhance efficiency. The transaction will therefore directly contribute to the vigorous realisation of our Strategy 2030.”
Eric Barbé, President of Seafrigo Group, expressed satisfaction with the partnership, stating, “We are very pleased to have a strong partner at our side in Hanseatic Global Terminals, with whom we will continue to modernize the CNMP LH terminal in Le Havre. This will significantly raise the profile of our joint terminal as an important gateway for container transports in the Port of Le Havre.”
This acquisition aligns with Hanseatic Global Terminals’ strategic agenda, which includes terminal and infrastructure investments to expand its portfolio to more than 30 terminals by 2030.
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