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Fimi

All articles tagged with #fimi

business8 days ago

Hapag-Lloyd to acquire ZIM in $4B deal, creating a strengthened global container network

Hapag-Lloyd announced a merger agreement to acquire 100% of ZIM for $35 per share, valuing the deal at over $4 billion. A carved-out ZIM unit will be sold to FIMI to form a new Israeli container line that will assume ZIM’s Golden Share and branding. The combined group would run more than 400 vessels with capacity above 3 million TEU and annual volume surpassing 18 million TEU, expanding and fortifying the network across major trades. The transaction is subject to ZIM shareholder and regulatory approvals, with closing expected by late 2026; until then, the two companies will operate mostly separately with existing collaboration limited to current vessel-sharing agreements.

ZIM to be sold for $4.2B to German-Israeli partners, drawing domestic opposition
business-and-innovation10 days ago

ZIM to be sold for $4.2B to German-Israeli partners, drawing domestic opposition

Israel's ZIM will be sold for about $4.2 billion to a German-Israeli partnership of Hapag-Lloyd and FIMI Opportunity Funds, with Hapag-Lloyd running international operations and FIMI Israeli assets. The deal, approved by ZIM’s board, aims to bypass the government’s golden share but faces pushback from workers, politicians and Haifa officials who warn it could threaten Israel’s economy and security.