Ince & Co advises CCNI on sale of container liner services to Hamburg Süd

Associations, Legal, Liner Shipping and Trade, Mergers and Acquisitions, Stock Markets, Trade and Commerce — By on February 25, 2015 at 2:49 PM

incecoFebruary 25, 2015 – The Hamburg office of Ince & Co has advised the Chilean shipping company Compañía Chilena de Navegación Interoceánica S.A. (CCNI) on a cross-border asset deal with the German shipping line Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KG (Hamburg Süd). The transaction comprises the sale and transfer of CCNI’s container liner services as well as the related agency activities of the Chilean maritime agent Agunsa Agencias Universales S.A. (Agunsa).

The transaction is scheduled to close at the end of March 2015, subject to approval by the competent antitrust authorities.

Dr. Jan Hungar, Managing Partner of the  Hamburg office of Ince & Co, said “We are delighted to have been able to assist CCNI in selling their container liner business to Hamburg Süd. After the merger between HAPAG LLOYD and CSAV this is now a further deal between a major Hamburg and a Chilean liner company reflecting the tight connection between the Hamburg maritime community and Chile. It has been a great pleasure to work with the CCNI team throughout the whole transaction which involved a multitude of complex legal and logistical issues.”

The Ince & Co Hamburg team was led by Dr. Jan Hungar (lead partner) and Dr. Christopher Quandt (lead coordinator), advising CCNI on all aspects of the transaction. Ince & Co’s corporate lawyers provide advice on a wide range of matters, including mergers and acquisitions, private equity transactions, joint ventures as well as corporate restructurings.

Ince & Co is an international law firm with over 600 people. The Ince & Co network includes offices in Beijing, Shanghai, Hong Kong, Singapore, London, Dubai, Hamburg, Le Havre, Monaco, Paris and Piraeus. We practise English, French, German, Greek, Hong Kong, UAE and PRC law. Ince & Co Singapore has entered into a Formal Law Alliance, the Ince Law Alliance, with local law practice Incisive Law LLC.

Since opening in 2001 Ince & Co’s Hamburg office has grown rapidly. We have over 30 lawyers advising on both contentious and non-contentious matters across the firm’s core business areas of aviation, business & finance, commercial disputes, energy & offshore, insurance & reinsurance, international trade and shipping.

We offer the services of qualified German Rechtsanwälte along with English lawyers providing advice to both domestic clients and international clients and are the only international shipping law firm in Germany practising both English and German law.

Our clients include shipping companies, financial institutions, brokers, charterers, investment houses, funds, trading companies, engineering companies, energy providers, insurers, traders, pilots, yards, ship managers, shippers and agents.

Enquiries:

 

Dr. Jan Hungar, managing partner, Ince & Co Germany LLP, tel: +49 (0) 40 380 860, E: jan.hungar@incelaw.com

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