Rickmers Group

The company was formed on 1 September 1970 by the merger of Hamburg-American Line (HAPAG), founded in 1847, and Norddeutscher Lloyd (known in English as North German Lloyd), which was formed in 1857. Since its formation, Hapag-Lloyd has seen changes among its shareholders and has also undergone a number of mergers with other companies. For instance, Hapag-Lloyd was completely acquired by, and became a subsidiary of, TUI AG (Hanover) in 1998. This transition was followed by TUI selling a majority stake of Hapag-Lloyd to private investors in Hamburg in 2009 and further sales in 2012. Other important events in the history of the company include Hapag-Lloyd's acquisition of CP Ships in 2005, as well as Hapag-Lloyd's merger with the container business of CSAV in 2014 and United Arab Shipping Company in 2017. Hapag-Lloyd is a global organisation with six regional headquarters in Hamburg, Genoa, Atlanta, Viña del Mar, Singapore and Dubai. Group headquarters is located in Hamburg, where the Executive Board is also based. Group organisation is clearly structured and short decision-making channels ensure efficient work processes.