Hapag-Lloyd has signed a merger agreement with ZIM Integrated Shipping Services Ltd., under which Hapag-Lloyd will acquire 100 % of ZIM’s shares for USD 35.00 per share in cash, valuing the transaction at over USD 4 billion.
Under the agreed structure, FIMI Opportunity Funds, Israel’s largest private equity firm, will take ownership of a carved-out container liner business that will operate key trade lanes, take over ZIM’s “Golden Share” (Special State Share held by the State of Israel), and use the ZIM brand. This new Israeli container line will start with 16 modern vessels and connect into Hapag-Lloyd’s global network.
The transaction remains subject to approvals by ZIM shareholders and relevant regulatory authorities, and both companies will continue to operate independently until closing, which is anticipated by late 2026.
After completion, the combined business would make Hapag-Lloyd the fifth-largest container shipping company worldwide, with a fleet of more than 400 vessels, a capacity exceeding 3 million TEU, and an annual transport volume of over 18 million TEU. The merger is expected to generate several hundred million USD of annual synergies and strengthen transportation networks on major global trade routes.
Hapag-Lloyd and ZIM will leverage the skills and technology of both companies to build a stronger combined team focused on customer service, profitable growth, and operational quality.
Read the full press release of Hapag-Lloyd here.
