DP World Completes Unifeeder Acquisition

By Gavin van Marle - DP World has completed its acquisition of European feeder and shortsea shipping line Unifeeder after this week securing clearance from European monopolies regulators. The €660m deal – the first in which a port operator has taken over a carrier – had been investigated by the European Commission’s competition department. “The commission concluded that … [Read more...]

Is DP World’s ‘One-Stop Shop’ Ambition Too Risky?

By Mike Wackett (TheLoadstar) DP World’s planned acquisition of European shortsea container line Unifeeder took the industry by surprise when the deal was announced earlier this month. The rationale for the global port operator’s proposed $765m purchase of North Europe’s leading feeder and domestic container carrier from private equity group Nordic Capital has had analysts … [Read more...]

DP World Acquires European Logistics Firm Unifeeder for 660 Million Euros

Some big news this week from one of the world's top port operators and self-proclaimed global trade enabler. On Tuesday, Dubai-based DP World announced plan to acquire 100% of Unifeeder, the largest container feeder and growing shortsea network operator in Europe, for 660 million euros. DP World said the acquisition from Nordic Capital Fund VIII and certain minority … [Read more...]