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M&A Deal Summary

MPC Container Ships Acquires Songa Container

On June 22, 2021, MPC Container Ships acquired transportation company Songa Container for 210M USD

Acquisition Highlights
  • This is MPC Container Ships’ 1st transaction in the Transportation sector.
  • This is MPC Container Ships’ largest (disclosed) transaction.
  • This is MPC Container Ships’ 1st transaction in Norway.

M&A Deal Summary
Date 2021-06-22
Target Songa Container
Sector Transportation
Buyer(s) MPC Container Ships
Deal Type Add-on Acquisition
Deal Value 210M USD

Target

Songa Container

Oslo, Norway
Songa Container owns and operates a fleet of modern feeder to panamax size container vessels employed under charter agreements with market-leading container liner operators. The current fleet consists of 14 vessels, ranging from 1,000 TEU and up to 4,250 TEU. Songa Container is based in Oslo, Norway.

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Buyer(S) 1

Buyer

MPC Container Ships

Oslo, Norway
Category Company
Founded 2017
Sector Transportation
Employees38
Revenue 540M USD (2024)
DESCRIPTION

MPC Container Ships is a container ship company specializing in serving intra-regional trade lanes, owning and operating one of the largest feeder fleets globally. MPC Container was founded in 2017 and is based in Oslo, Norway.

DEAL STATS #
Overall 1 of 1
Sector: Transportation M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Norway M&A 1 of 1
Year: 2021 M&A 1 of 1
Size (of disclosed) 1 of 1
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