Posse Herrera Ruiz acted as Colombian counsel to Hapag-Lloyd, a German listed company and global leader in container shipping, in the acquisition, for a total deal value of approximately US$1 billion, of the port terminals and inland logistics business of SAAM, a Chilean listed multinational company that provides foreign trade services. Upon closing, Hapag-Lloyd will acquire the entire operation of the port terminals business of SAAM, which includes ten terminals in six countries in the Americas, including Colombia, and of the inland logistics business of SAAM. The transaction is subject to regulatory authorizations in various jurisdictions and must comply with other usual conditions for this type of transactions.
- Announcement date: October 4, 2022
Legal Advisors
Counsel to HAPAG-LLOYD AG
Carey Chile
| Leading Partner and Other Partners involved | Pablo Iacobelli and Marcos Ríos |
| Other Lawyers | Javiera Herrera, Juan Pablo de la Maza and Jaime Coutts |
Colombian counsel to HAPAG-LLOYD AG
Posse Herrera Ruiz
| Leading Partner and Other Partners involved | Jaime Herrera, Gabriel Sánchez and Jorge de los Ríos |
| Other Lawyers | Jorge Lamo and Daniel Meza |
Additionally, HAPAG-LLOYD AG was assisted by law firms in the following jurisdictions: United States of America (Greenberg Traurig and Freshfields Bruckhaus Deringer), Mexico (Creel, García-Cuellar, Aiza y Enríquez), Costa Rica (Aguilar Castillo Love) and Ecuador (Bustamante Fabara).
