Sell Side Advisor

Kroll's Corporate Finance Team Advised ATL Haulage Contractors Limited on Its Sale to Hapag-Lloyd AG
Kroll Advised Hapag-Lloyd AG on Its Acquisition of ATL Haulage Contractors Limited

On January 22, 2024, ATL Haulage Contractors Limited (ATL), a leading UK container haulage operator, entered into an agreement where Hapag-Lloyd AG ("Hapag-Lloyd" or the "Company") acquired the entire issued share capital of ATL.

Kroll provided exclusive financial advice to the shareholders including M&A advisory services and financial and tax due diligence in connection with the transaction.

About ATL Haulage

Established in 2008 as a private company, ATL today has capacity in excess of 200 vehicles and 250 trailers and holds a dominant position in the marketplace. ATL is a market-leading container operator based at London Gateway, Southampton and Felixstowe, providing logistics services and assisting the carriage of both import and export cargo. Combining more than 50 years of experience in the industry, a fleet capacity of more than 200 trucks and the latest developments in transport technology, ATL delivers professional, punctual and reliable haulage solutions. The team is dedicated to providing excellent service and has a highly flexible approach to working with diverse sectors, earning ATL an enviable reputation within the industry. Woodfines served as legal counsels to ATL in connection with the transaction.

Having worked with Kroll previously, it was the natural choice for us to approach the experts we already trusted right from the start. Having built the business up from small beginnings, we naturally wanted the best for all stakeholders and Kroll worked with us very closely throughout the entire sale process. The scope of service was designed to meet the needs of both buyer and seller and the team was always flexible in their approach even outside of scope. I was particularly impressed at the relationship built by Kroll with the buyer which was instrumental in overcoming hurdles in the transaction process. The most important thing in any M&A transaction is to have advisors you can trust. Kroll have a ‘can-do’ attitude and were fundamental in adding tangible value to equity. I cannot recommend the team highly enough and look forward to working with them again.

Amit Karia,
MD, ATL Haulage Contractors Limited

About Hapag-Lloyd AG

With a fleet of 264 modern container ships and a total transport capacity of 2.0 million TEU, Hapag-Lloyd is one of the world’s leading Liner Shipping companies. In the Liner Shipping segment, the Company has around 13,500 employees and 400 offices in 135 countries. Hapag-Lloyd has a container capacity of 2.9 million TEU—including one of the largest and most modern fleets of reefer containers. A total of 113 liner services worldwide ensure fast and reliable connections between more than 600 ports across the world. In the Terminal & Infrastructure segment, Hapag-Lloyd has stakes in 20 terminals in Europe, Latin America, the United States, India, and North Africa. The roughly 2,600 employees assigned to the Terminal & Infrastructure segment handle terminal-related activities and provide complementary logistics services at selected locations. White and Case served as legal counsels to Hapag-Lloyd in connection with the transaction.

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