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The ATPI Group has acquired German travel agency Hamburg Süd Reiseagentur from Danish shipping conglomerate AP Moller-Maersk.
Hamburg Süd Reiseagentur, founded in 1963, is a specialist in cargo ship travel and is a member of the Lufthansa City Center network.
Following the acquisition, the team and management of Hamburg Süd Reiseagentur will transfer to ATPI, which is committed to retaining and growing the number of employees.
Adam Knights, regional managing director Europe & Middle East at ATPI, said: “The Hamburg region has been a strategic priority for ATPI. Our Nordic marine businesses in Norway and Denmark, and Southern European marine businesses in Greece and Cyprus have all highlighted the need to be physically present in Hamburg.
“The agency staff and their knowledge based on their historic ownership was a critical requirement for ATPI. We were particularly impressed with the corporate client base of Hamburg Süd Reiseagentur and believe existing clients will benefit from the expanded global reach of the ATPI footprint along with additional technology solutions.”
It is ATPI’s intention for the agency to remain a member of the Lufthansa City Center network.