
The German press has announced that the antitrust authority
notified of an operation under which
the Chinese shipping group COSCO, through the company
Dutch wholly-owned subsidiary Goldlead Supply Chain Development
(Europe) B.V., which is newly established, intends to acquire 80% of the
transport and logistics company Konrad Zippel Spediteur GmbH
which is based in Hamburg. Zippel's CEO, Axel
Plaß, which currently owns 70% of the share capital, with the
remaining 30% held by co-CEO Axel Kröger,
will retain a 20% stake and will continue to
hold the position of CEO of Zippel.