Transportation
and Logistics

We advised the Brummer Family on its divestiture.... Read more

We advised the Brummer Family on its divestiture of the Brummer Logistik Group, a leading provider of food logistics services in Central Europe, to DACHSER SE.

DACHSER intends to fully integrate the Brummer companies into its European Food Network, which spans 33 countries throughout Europe.

Lawyers in our Frankfurt office led the transaction, with support from our Düsseldorf and Hamburg offices and our antitrust, employment, infrastructure and projects, private equity, and tax practices.

We advised the board of directors of Eagle Bulk Shipping Inc.... Read more

We advised the board of directors of Eagle Bulk Shipping Inc., an owner-operator within the midsize dry bulk vessel segment, on its combination with Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargoes.

The merger creates the largest U.S.-listed dry bulk shipping company with 163 owned vessels and an aggregate capacity of 15.6 million deadweight tonnage.

Lawyers in our Washington, D.C. office led the transaction, with support from our Los Angeles and New York offices and our capital markets, litigation, and tax practices.

We advised Global Ports Holding plc, the world’s largest.... Read more

We advised Global Ports Holding plc, the world’s largest cruise port operator, on its US$310 million takeover by Global Yatirim Holding AS, a Turkish conglomerate and its largest shareholder. 

As part of the transaction, Global Ports Holding delisted from the London Stock Exchange in a strategic move to enable it to continue to pursue its growth plans with more flexibility as a privately owned company.

Lawyers in our London office led the transaction.

We are advising Polibeli Group Ltd, a leading global digital.... Read more

We are advising Polibeli Group Ltd, a leading global digital supply chain services provider based in Indonesia, on its de-SPAC merger with Chenghe Acquisition II Co.

The merger values Polibeli at approximately US$3.6 billion and, upon closing, will result in its debut on the U.S. capital markets.

Lawyers in our Hong Kong office are leading the transaction, with support from our Boston, Jakarta, New York, Tokyo, and Washington, D.C. offices and our capital markets, private equity, regulatory, securities, and tax practices.

Sector performance

In 2024, M&A activity in the transportation and logistics sector remained strong, fueled by advancements in EV battery and autonomous driving technologies, as well as innovations in smart maintenance, freight visibility, advanced analytics, and advanced air mobility.

Ocean and air carriers pursued efficiency and network expansion through acquisitions in freight forwarding, warehousing, and surface transportation. Strategic investors remained focused on long-term, stable assets such as airports, railroads, rolling stock, logistics hubs, storage terminals, and ports. Meanwhile, businesses prioritized supply chain resilience and digital adaptation amid geopolitical disruptions, including Red Sea attacks, U.S. port strikes, and the ongoing war in Ukraine.


Hogan Lovells activities

In 2024, our Transportation and Logistics team continued to expand its multimodal client service, advising on key sector areas, including uncrewed aircraft systems, rail, shipping, freight forwarding, mobility services, warehousing, and logistics. Our Transportation and Logistics Video Series delved into the future of city transport with eVTOL air taxis, the efficiency of drones for last-mile delivery (including collaborations in healthcare), the transformative power of AI and blockchain in shipping traceability, and the role of rail in combatting climate change.

We also showcased our industry strength by participating in major global events, including InnoTrans and CES, as well as The Merge conference.

…focuses significantly on market thought leadership and engagement with the transportation and mobility ecosystem.”

Legal 500 US, 2023

150+

Transport and Logistics lawyers

Tier 1

Transport: Rail and
Road – Litigation
and Regulation
Legal 500 US, 2024

Four Pillars of our M&A Group

Technical excellence

Executing transactions effectively

Sector knowledge

Understanding issues in regulated industries

Global reach

Worldwide scope, local know-how

Full-service capabilities

Subject matter experience

M&A Year in Review

Expander

Dear Clients and Friends,

Welcome to the 2024 edition of our Hogan Lovells M&A Year in Review!

Each year, we publish the M&A Year in Review to express our gratitude to you — our clients and friends — for the opportunity to work together and for the successes we have shared. We hope you enjoy our review of dealmaking in 2024 and our outlook for M&A in 2025.

During 2024, M&A transaction values increased across the world, recovering from their decade-low levels in 2023, to reach an aggregate deal value of approximately US$3.5 trillion. These increases were attributable largely to a 25% rise in sponsor-related dealmaking and a return of megadeals. 

M&A transaction volumes improved during the third and fourth quarters of the year, following a lackluster first half of the year. This resulted in an annual global increase of 1.5%, even amidst a 3% decline in the United States.

Across sectors, technology M&A reasserted itself as the market leader by value and volume in 2024, rebounding from 2023 lows as investor demand for AI, digital innovation, and machine learning increased.

Our M&A Group is grateful to have worked with you over the course of the past year. Your transactions propelled Hogan Lovells to more than 30 M&A league table rankings worldwide, including top rankings for Global M&A and across Europe, France, Germany, Italy, the Nordics, Spain, the United Kingdom, Canada, Latin America, Asia Pacific, and China.

We enter 2025 with measured optimism for substantial M&A activity, based upon strong corporate fundamentals for strategics, significant capital held by sponsors, and reduced regulatory intervention, and in anticipation of compromises to be reached across the economic and diplomatic policies of new administrations. Our perspectives are set forth within our 2025 M&A Outlook here.

We appreciate the trust that you continue to place in us, and we look forward to supporting you on your M&A transactions in the year ahead.

Best wishes for continuing success in 2025,

The Hogan Lovells M&A Group