Hapag-Lloyd takes over UK-based trucking company in multimodal expansion
Effective immediately, ATL Haulage Contractors Limited, a leading UK container haulage operator, has entered into an agreement under which German carrier Hapag-Lloyd AG has acquired the entire issued share capital of the company.
Established in 2008 as a private company, ATL today has a capacity in excess of 200 vehicles and 250 trailers and holds a dominant position in the marketplace. The deal will allow the company to invest in carbon-neutral technologies, provide volume stability, and drive cost synergies across the supply chain.
ATL has proven market expertise and is a trusted logistics partner to Hapag-Lloyd in the UK Inland market with a broad technological expertise and commitment to digitalisation.
The deal will combine the global strength of Hapag-Lloyd with ATL’s local knowledge and expertise to leverage untapped synergies and develop market-leading transport solutions for clients.
The acquisition will allow Hapag-Lloyd to build its presence in the inland container sector to deliver its commitment to providing clients with first-class multimodal service.
ATL will remain an independent company and brand and continue to be run by the existing management team serving all its clients in line with their existing partnerships.