Germany’s Hapag-Lloyd has struck a deal to acquire UK-based ATL Haulage Contractors.
The Hamburg-headquartered liner is adding a fleet of 120 owned modern trucks with an average age of under two years and a network of over 100 additional trucks from dedicated subcontractors for an undisclosed sum.
“The acquisition of ATL, and working together with our other existing hauliers, enables us to deliver on our commitment to provide our customers with a first-class multimodal service,” Hapag-Lloyd said.
Established in 2008 as a private company, ATL will retain its brand and remain independent and run by the existing management team. The road haulier based at London Gateway and Southampton operates from all major ports in the UK.
The acquisition by the Rolf Habben Jansen-led carrier comes hot on the heels of CMA CGM’s move to buy UK logistics firm Wincanton for nearly $720m in cash.
