Today Hapag-Lloyd successfully completed the acquisition of 100% of SM SAAM’s terminal and related logistics services business, which is based on an agreement announced in October 2022.
“We are very pleased to successfully close this transaction, which significantly increases our presence in Latin America. Going forward, we will focus on further improving the added value of the services we offer, which will support our goal of becoming number one in quality for our customers,” said Hapag-Lloyd CEO Rolf Habben Jansen.
The agreement includes interests in terminals in Iquique, Antofagasta, San Antonio, San Vicente and Corral (Chile), Port Everglades (United States/Florida), Mazatlán (Mexico), Buenavista (Colombia), Guayaquil (Ecuador) and Caldera (Costa Rica), as well as related logistics services.
“This new story is not written from scratch. It is based on the commitment of our entire team and SAAM’s 60 years of experience. We do not only want our terminals to stand out in the areas where they operate. We also want our customers to prefer us for both the quality of our service and the safety and sustainability of our operations,” remarked the CEO of SAAM Terminals, Mauricio Carrasco.
The new company has more than 4,500 employees.