Zim Built-in Delivery Companies (NYSE: ZIM) has been acquired by German delivery large Hapag-Lloyd (ETR: HLAG) along with Israeli non-public 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 worth on the finish of final week. Preliminary studies had steered ZIM could be purchased for $3.7 billion however it now seems that the valuation is far larger.
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In response to FIMI, completion of the deal is topic to regulatory approvals and ZIM’s shareholders and the acquisition is anticipated 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 worth of the German delivery firm, which has a market cap of €20.2 billion, is down 6% on the Frankfurt Inventory Alternate in the present day.
The acquisition comes after a strategic evaluation course of carried out by ZIM’s board of administrators, headed by Yair Seroussi, after rejecting two affords to amass 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 studies concerning the deal, Authorities Firms Authority senior deputy director common Galit Widerman despatched a letter to Seroussi asking that the entity planning to purchase ZIM’s shares ought to contact the Authorities Firms 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 consistent with 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 a whole bunch of ZIM workers and 16 ships owned by the corporate. Hapag-Lloyd will obtain a number of ZIM delivery strains, dozens of ships beneath lease, and workers related to its strains. ZIM’s employees’ 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.
