Hapag-Lloyd Aktiengesellschaft (XTRA:HLAG) signed a framework agreement to acquire DAL Deutsche Afrika-Linien GmbH & Co. KG on March 10, 2022. Post completion of the transaction, DAL employees will join Hapag. The completion of the transaction is subject to the approval of the responsible antitrust authorities. Markus Schoner, Jacob Siebert, Jürgen Siemers, Christian von Lenthe and Christoph Zarth of CMS Germany acted as legal advisor to DAL Deutsche Afrika-Linien GmbH & Co. KG. Citigroup Inc. (NYSE:C) acted as financial advisor to Hapag-Lloyd Aktiengesellschaft (XTRA:HLAG). Boerries Ahrens, Barbara Angene, Dario Barbato, Moulay El Amine El Hammoumi Idrissi, Mongale Falla, Sara Fegan, Jan-Benedikt Fischer, Catharina Glugla, Louisa Graubner, Stefanie Guenther, Jasmin Hense, Katharina Hillmer, Ryan Hosking, Anna Kraeling, Sanaa Lahrouni, Kornelius Lotha, Ilke Meissner, Tim Mueller, Katleho Ntahale, Helge Schaefer, Christopher Schloeder, Nikita Shaw, Philipp Steinhaeuser, Ioannis Thanos, Simon Thompson, Daniel Wendler, and Jonas Wittgens of Allen & Overy LLP provided legal counsel to Hapag-Lloyd Aktiengesellschaft.

Hapag-Lloyd Aktiengesellschaft (XTRA:HLAG) completed the acquisition of DAL Deutsche Afrika-Linien GmbH & Co. KG on June 1, 2022.