ATL Haulage sign with Hapag-Lloyd in significant logistics market sale
ATL Haulage Contractors Limited (ATL), advised by Woodfines solicitors, has sold 100 per cent of its share capital to Hapag-Lloyd AG, one of the world’s leading liner shipping companies.
ATL, an industry-leading logistics company based in the UK, will remain an independent company and brand and continue to be run by its existing management team. The deal allows ATL to leverage untapped synergies and develop market-leading transport solutions for clients.
Claire Le Mouëllic, Corporate & Commercial Partner, comments: “We have supported ATL for many years and will continue to do so in this exciting next chapter. It was a pleasure to involve specialists from across the firm in bringing this transaction to a successful outcome for all.”
The Woodfines’ team advising ATL was led by Claire Le Mouëllic (Partner, Corporate & Commercial) assisted by Svetlana Gooderham (Associate, Corporate & Commercial and included, Neil Gibbs (Managing Partner, Corporate & Commercial), Gillian Harding (Senior Associate, Corporate & Commercial), Andrew Buckley (Partner, Employment), Suzanna Stephenson (Partner, Head of Property), Mike Hayward (Partner, Head of Regulatory & Dispute Resolution), Nathan Taylor-Allkins (Partner, Regulatory and Dispute Resolution) and trainees and paralegal, Phoebe Fortune (Trainee Solicitor, Corporate & Commercial), Christopher Kenningham (Trainee Solicitor, Regulatory & Dispute Resolution), Melanya Ponraj (Trainee Solicitor, Commercial Property) and Gabrielle Parkes, (Paralegal, Corporate & Commercial, Employment).
White & Case LLP Hamburg and White & Case LLP, London advised Hapag-Lloyd AG.
About ATL Haulage Contractors Limited
ATL Haulage Contractors is a market-leading container operator based at London Gateway, Southampton and Felixstowe, providing logistics services and assisting the carriage of both import and export cargo.
Combining more than 50 years of experience in the industry, a fleet capacity of more than 200 trucks and the latest developments in transport technology, they deliver professional, punctual and reliable haulage solutions. The team is dedicated to providing excellent service and has a highly flexible approach to working with diverse sectors, earning ATL Haulage Contractors an enviable reputation within the industry.
About Hapag-Lloyd AG
With a fleet of 264 modern container ships and a total transport capacity of 2.0 million TEU, Hapag-Lloyd is one of the world’s leading liner shipping companies. In the Liner Shipping segment, the Company has around 13,500 employees and 400 offices in 135 countries. Hapag-Lloyd has a container capacity of 2.9 million TEU – including one of the largest and most modern fleets of reefer containers. A total of 113 liner services worldwide ensure fast and reliable connections between more than 600 ports across the world. In the Terminal & Infrastructure segment, Hapag-Lloyd has stakes in 20 terminals in Europe, Latin America, the United States, India, and North Africa. The roughly 2,600 employees assigned to the Terminal & Infrastructure segment handle terminal-related activities and provide complementary logistics services at selected locations.