Zim Built-in Delivery Companies (NYSE: ZIM) has been acquired by German delivery large Hapag-Lloyd (ETR: HLAG) along with Israeli personal fairness agency FIMI Alternative Funds. The deal values ZIM at $4.2 billion, or $35 per share, a 58.5% premium over the corporate’s share value on the finish of final week. Preliminary experiences had urged ZIM can be purchased for $3.7 billion nevertheless it now seems that the valuation is way increased.
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In keeping with FIMI, completion of the deal is topic to regulatory approvals and ZIM’s shareholders and the acquisition is predicted to be accomplished by the top of 2026.
In December, “Globes” was the primary to report that Hapag-Lloyd was in talks to purchase ZIM. The share value of the German delivery firm, which has a market cap of €20.2 billion, is down 6% on the Frankfurt Inventory Trade as we speak.
The acquisition comes after a strategic assessment course of performed by ZIM’s board of administrators, headed by Yair Seroussi, after rejecting two presents to accumulate the corporate submitted by ZIM CEO Eli Glickman, along with businessman Rami Ungar. The deal is topic to numerous approvals, together with the state, which holds a “golden share” in ZIM.
Yesterday, following experiences in regards to the deal, Authorities Corporations Authority senior deputy director normal Galit Widerman despatched a letter to Seroussi asking that the entity planning to purchase ZIM’s shares ought to contact the Authorities Corporations Authority, as required in accordance with the state share provisions, together with all of the details about the deal.
She added that the intention to separate ZIM needs to be detailed and that the cut up needs to be according to the provisions of the golden share. There are two patrons within the deal. FIMI, headed by Ishay Davidi, will purchase all actions associated to Israel, the corporate’s headquarters and duty for the connection with the state, together with lots of of ZIM staff and 16 ships owned by the corporate. Hapag-Lloyd will obtain a number of ZIM delivery strains, dozens of ships below lease, and staff related to its strains. ZIM’s staff’ committee, which is affiliated with the Histadrut, introduced a 48-hour warning strike on the firm’s headquarters in Israel yesterday, to protest the deal.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on February 16, 2026.
© Copyright of Globes Writer Itonut (1983) Ltd., 2026.
