Independent journal on economy and transport policy
04:41 GMT+1
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The German Harren & Partner sells the Caribbean Feeder Services to the Spanish Pérez y Cía
In the acquisition operation a consortium of financial investor is involved
October 11, 2018
The shipowning group German Harren & Partner (HPG) has signed an agreement with the shipowning group Spanish Pérez y Cía in order to yield to the Iberian company, that it is at the head of a consortium of financial investor involved in the operation, the Caribbean Feeder Services (CFS), navigation company that work one of the immensest nets than services of containerized marine transport feeder in the Caribbean, Central and Southern America.
CFS has started the operating activity on August 1°, 1999 and today work a fleet of 16 portacontainer of the ability comprised between 500 and 1.700 teu, of which the half of the group HPG that has a fleet constituted from 66 ships.
For the group Pérez y Cía the acquisition represents a return to own Core business. The Spanish society, founded in 1853, has been in fact active for decades as shipowner and marine agency in the Caribbean and, after some years in which it had abandoned the shipowning activities, will return therefore to its origins having strengthened own presence in the markets of the America Centrale and Latina. In the region the Spanish group has 150 dependent and offices to Aruba, Colombia, Curaçao, Jamaica, Panama hat, Puerto Rico, Dominicana Republic, Trinidad and Tobago.
HPG, that it has 2,500 dependent, collaborates from twenty years with the Spanish Pérez y Cía. The German group work mainly in the segment heavy lift attendant and project cargo with the marks Combos Lift attendant and SAL Heavy Lift attendant and with other societies is connected to the field is engaged in other operating segments as those of the tankers and the logistics.
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The shipowning group German Harren & Partner (HPG) has signed an agreement with the shipowning group Spanish Pérez y Cía in order to yield to the Iberian company, that it is at the head of a consortium of financial investor involved in the operation, the Caribbean Feeder Services (CFS), navigation company that work one of the immensest nets than services of containerized marine transport feeder in the Caribbean, Central and Southern America.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
