German Regulators Probe Sale of Maersk Container Maker to China's CIMC

December 9, 2021

© VanderWolf Images / Adobe Stock
© VanderWolf Images / Adobe Stock

Germany's Federal Cartel Office is taking a closer look into the planned sale of Maersk's refrigerated containers maker to China International Marine Containers, a spokesman for the office said on Thursday.

The office has opened an investigation into the effects the takeover of Maersk Container Industry by CIMC could have on the affected markets, it said.

The Danish shipping company signed an agreement to divest its container manufacturer to CIMC in September for $987.3 million.

However, regulatory authorities still need to approve the plans. Until then, the companies remain separate.


(Reporting by Matthias Inverardi, Writing by Miranda Murray; Editing by Kirsten Donovan)

Logistics News

Robusta Coffee Prices Rise Slightly, Cocoa Falls

Robusta Coffee Prices Rise Slightly, Cocoa Falls

Andrea Dellacasa Appointed Medov CEO and General Manager

Andrea Dellacasa Appointed Medov CEO and General Manager

Brazil Beef Exports Projections Released

Brazil Beef Exports Projections Released

Dardanelles Strait Traffic Resumes After Tanker Engine Failure

Dardanelles Strait Traffic Resumes After Tanker Engine Failure

Subscribe for Maritime Logistics Professional E‑News

Reports from RTVE show that the death toll in Spain due to a high-speed train crash has risen to 39.
Church leader claims more than 160 people have been seized in Nigerian church attacks
Trump Administration appeals to limit agents' tactics towards Minnesota protesters