TFG Transfracht to be completely transferred to Deutsche Bahn
HHLA group and Deutsche Bahn agree upon restructuring their shareholdings in the intermodal companies TFG Transfracht, Metrans and Polzug
Hamburger Hafen und Logistik AG (HHLA) and Deutsche Bahn (DB) are rearranging the holdings in their companies which provide railbound container transport services. HHLA is taking over DB’s shareholding in the intermodal operators Polzug (33.3 per cent) and Metrans (35 per cent). In return, the existing 50 per cent-stake of HHLA in TFG Transfracht will be transferred to DB. Once the transactions have been completed, HHLA will hold 86.5 per cent of Metrans and including a capital increase 74.5 per cent of Polzug Intermodal, while TFG Transfracht will be wholly owned by DB Mobility Logistics AG. The transaction prices will not be disclosed as agreed by both parties. The Supervisory Board of HHLA authorised the transactions on 27 April. At DB, the decision is currently being taken by the relevant bodies. The transactions are still subject to the approval of the applicable antitrust authorities.
The operational relationship between TFG Transfracht and HHLA’s container terminals, i.e. the operation of rail transport services to and from the Port of Hamburg, will not be affected by the restructuring of the shareholdings. This also applies to purchases of services from Metrans and Polzug by DB and its subsidiaries. Moreover HHLA and DB plan to maintain their constructive dialogue in order to strengthen the Port of Hamburg’s competitive position. In addition, HHLA aims to further intensify its cooperation with Polish PKP Cargo. Consequently, this might lead to an increase of PKP Cargo in the stake of Polzug Intermodal later on.
The restructuring of intermodal operations will enable HHLA to align its intermodal companies even more consequently with the needs of maritime logistics. In doing so, the enterprise will make greater use of own production resources as a means of optimising operational processes for rail transport in the European hinterland. These production resources primarily include modern inland terminals, rail waggons and locomotives.
Quelle: LogEastics
Portal: www.logistik-express.com