Background

  • Lübecker Hafen-Gesellschaft mbH (LHG) is Germany's largest roll on roll off (RoRo) port operator in the Baltic Sea
  • LHG manages four port terminals alongside an intermodal terminal in the City of Lübeck, located on the Trave River, and handles forest products, containers, automobiles, bulk cargo, and cruise vessels
  • The port provides an essential link between Scandinavia and Germany
  • In 2008, RREEF Pan-European Infrastructure Fund (RREEF) acquired a 37.5% stake in LHG from the City of Lübeck as part of a privatization process

Process

  • DC Advisory (DC), led by Moritz Müller, was engaged by RREEF to provide M&A advice and leverage its extensive experience in the ports and transport sector and to assess strategic options for RREEF’s disposal of LHG

Outcome

  • In November 2021, the senate of the City of Lübeck voted to acquire RREEF’s stake in LHG, consolidating 100% ownership of LHG
  • This transaction demonstrates DC’s strong expertise within the German and European infrastructure sectors and further bolsters the team's track record in the ports and transport market