Acquisitions, disposals and other changes to the consolidated Group
With the share purchase and transfer agreement dated 16 December 2021, METRANS a.s. of Prague, Czech Republic, acquired 100 % of the shares in CL EUROPORT s.r.o., based in Plzen, Czech Republic. The company holds 79.2 % of the shares in CL EUROPORT Sp. z o.o. of Malaszewicze, Poland. The closing of the transaction (corresponding to the acquisition date) was tied to various conditions and took place on 4 January 2022. The first-time consolidation of the company took place on the acquisition date. The company has been assigned to the Intermodal segment. The company was incorporated into HHLA’s group of consolidated companies as of 31 March 2022.
With the share purchase and transfer agreement dated 16 December 2021, METRANS a.s. of Prague, Czech Republic, acquired 20.8 % of the shares in CL EUROPORT Sp. z o.o. of Malaszewicze, Poland. As a result of this transaction and the one mentioned above, METRANS a.s acquired 100 % of the shares in CL EUROPORT Sp. z o.o. The company’s purpose is to operate a container terminal offering intermodal services relating to the handling of container trains, road transport and container storage. The closing of the transaction (corresponding to the acquisition date) was tied to various conditions and took place on 4 January 2022. The first-time consolidation of the company took place on the acquisition date. The company has been assigned to the Intermodal segment. The company was incorporated into HHLA’s group of consolidated companies as of 31 March 2022.
With the share purchase and transfer agreement dated 9 May 2022, the stake held by METRANS a.s. of Prague, Czech Republic, in METRANS Rail Profi Austria GmbH, Krems an der Donau, Austria, increased from 80.0 % to 100 % as METRANS a.s. acquired the remaining shares from the minority shareholder. In accordance with the entity concept, the purchase price for these shares was taken directly to equity with a corresponding reduction in non-controlling interests.
As of 31 March and 30 June 2022 respectively, the following companies which were established in the 2021 financial year were incorporated into HHLA’s group of consolidated companies: METRANS Szeged Kft., based in Budapest, Hungary, and allocated to the Intermodal segment as well as HHLA Next GmbH, based in Hamburg, and omoqo GmbH, based in Hamburg, both of which were allocated to the Logistics segment.
With the partnership agreement of 26 October 2022, HHLA AG founded the company CERP Solution a.s., Prague, Czech Republic, and acquired all shares in the company. The purpose of the company includes the leasing of land and the rental and hire of movables. Its inclusion in the HHLA group of consolidated companies took place on 31 December 2022 as a fully consolidated subsidiary assigned to the Logistics segment.
By way of a resolution dated 21 October 2022, the Lüneburg Local Court was ordered to initiate insolvency proceedings against Bionic Production GmbH of Lüneburg at the company’s own request. As a result of this, HHLA surrendered control of the company and the company was deconsolidated at the same time. Notes to the consolidated financial statements, no. 3 Composition of the Group
There were no other significant acquisitions, changes in shareholdings in subsidiaries or changes to the consolidated group in the 2022 financial year. For details of company acquisitions after the balance sheet date, please refer to Events after the balance sheet date.