Hapag-Lloyd Acquires Stake in J M Baxi Ports & Logistics from Bain Capital Private Equity Affiliate
January 25, 2023
German shipping company Hapag-Lloyd has acquired the stake in Indian maritime logistics provider J M Baxi Ports & Logistics from a Bain Capital Private Equity affiliate. The sale, whose financial terms were not disclosed, transfers ownership following Bain's two-year investment that expanded J M Baxi's port capacity and logistics footprint across India. The transaction is subject to regulatory approvals.
- Buyers
- Hapag-Lloyd
- Targets
- J M Baxi Ports & Logistics Ltd
- Sellers
- Bain Capital Private Equity affiliate
- Industry
- Logistics & Distribution
- Location
- Maharashtra, India
- Transaction Type
- Divestiture
Explore More
Related Acquisitions
-
Gamut Capital and BCI Acquire PS Logistics as One Equity Partners Exits
October 13, 2021
Logistics & Distribution
One Equity Partners announced it has exited its investment in PS Logistics, the U.S. flatbed transportation and full-service logistics provider headquartered in Birmingham, Alabama. The company was acquired by Gamut Capital Management and British Columbia Investment Management Corporation (BCI) (financial terms not disclosed) after OEP helped scale PS Logistics through 14 add-on acquisitions and strong organic growth.
-
Adani Ports Acquires 31.5% Stake in Gangavaram Port from Warburg Pincus for Rs1,954 Cr
March 3, 2021
Logistics & Distribution
Adani Ports and Special Economic Zone Ltd. (APSEZ) is acquiring a 31.5% stake in Gangavaram Port Limited from Windy Lakeside Investment Limited, an affiliate of Warburg Pincus, for INR 1,954 crore. The deal strengthens APSEZ's port and logistics footprint in northern Andhra Pradesh and complements its existing southern Andhra Pradesh holdings.
-
Maritime Partners Acquires M/G Transport from Auxo Investment Partners
August 10, 2022
Transportation
Maritime Partners, through its managed funds, has agreed to acquire M/G Transport Holdings LLC from Auxo Investment Partners and its affiliates. M/G, a longtime provider of inland barge transportation on the Lower Mississippi River and West Canal to Houston, will continue to operate under its brand with existing management; terms were not disclosed.
-
Hapag-Lloyd to Acquire ZIM Integrated Shipping Services for $35.00 per Share
February 16, 2026
Transportation
Hapag-Lloyd has signed a merger agreement to acquire 100% of ZIM Integrated Shipping Services in an all-cash deal valued at approximately $4.2 billion (=$35.00 per share). The transaction is expected to close by late 2026 and includes plans for FIMI Opportunity Funds to form a new Israeli company (“New ZIM”) to acquire a carved-out portion of ZIM’s business tied to the Special State Share (Golden Share).
-
Gamut Capital Management and BCI Invest in PS Logistics
June 25, 2021
Trucking & Fleet
Gamut Capital Management, in partnership with British Columbia Investment Management Corporation (BCI), signed a definitive agreement to invest in PS Logistics. The capital and strategic partnership will support PS Logistics — a Birmingham, Alabama-based flatbed transportation and logistics provider — to accelerate growth, expand capabilities and scale its asset- and broker-based platform across the continental United States. Financial terms were not disclosed.
-
A.P. Moller - Maersk Acquires HUUB
September 15, 2021
Logistics & Distribution
A.P. Moller - Maersk has acquired HUUB, a Portuguese cloud-based logistics start-up that provides an omnichannel fulfilment platform focused on the fashion industry. The deal — executed through Maersk’s venture activities — brings HUUB’s technology and talent into Maersk’s e‑commerce logistics offering while HUUB’s existing investors, including Maersk Growth, are exiting.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.