IMPA EventsTBA GroupPort of StocktonGeneva DryTMS Awards 2023Van Aalst
  • Bühler GmbH
  • IMPA Events
  • Van Aalst
  • Geneva Dry
  • Vigan
  • Sailors Society

HHLA acquires majority iSAM share

HHLA acquires majority iSAM share

(Posted on 25/01/21)

For the continuation of its growth- and innovation-focused strategy, Hamburger Hafen und Logistik AG (HHLA) is acquiring a majority share in iSAM AG. The Ruhr Area-based company, founded in 1983, is a globally active specialist in automation technology. HHLA is taking over 80 percent of shares in iSAM AG. The remaining 20 percent are controlled by three previous managers of the company. Both sides have agreed not to disclose the purchase price.  

Chairwoman of the Executive Board Angela Titzrath expands on the extension of HHLA’s services through the acquisition of shares in iSAM AG: “With the opening of the Container Terminal Altenwerder 20 years ago, HHLA already showed what potential automation had. With this acquisition, HHLA has direct access to technological developments in the automation of industrial processes, which will make it possible to get into new innovative sectors. This transaction confirms our intention to consistently implement our strategy focused on growth and innovation, even under the special conditions of the coronavirus pandemic.”

Bernd Mann, shareholder and CEO of iSAM AG, comments upon the purchase of a majority stake by HHLA: “We have known HHLA for more than 20 years and developed the world’s first automated heavy machinery based on GPS and 3D LiDAR technology alongside companies within the HHLA Group. We look forward to deepening this cooperation and developing new markets in the automation of container handling under the HHLA Group umbrella. We have been working intensively on this technology for the past few years. Additionally, HHLA offers our

company, customers and employees a long-term perspective beyond the founding generation.”

Bulk cargo terminal at Hansaport successfully automated

iSAM AG currently employs an interdisciplinary team of 50. The company has subsidiaries in core markets in the USA, Australia (Asia) and Canada. Thanks in particular to its strong position in the Australian market, iSAM was able to grow its revenue and profit by 30 percent in 2020 despite Covid-19 restrictions.

iSAM AG has already successfully automated the bulk cargo terminal Hansaport in the Port of Hamburg with the implementation of intelligent control software and high-precision 3D laser

scanners. At the moment, iSAM is working for the IHATEC project Container Terminal 4.0 on an automation prototype for rail gantry crane 4 at the Container Terminal Altenwerder and is developing new safety technologies for the workspaces shared by people and machines.

Founders and former shareholders of iSAM continue to bear responsibility

The founders and former shareholders of iSAM AG will continue to hold responsible positions in the future.

Latest News

World first cross-border CO2 capture project in North Sea Port

(Posted on 26/11/23)

A 194 million euro investment in North Sea Port will secure large-scale CO2 reduction by the largest... Read more


German port industry expects ambitious port policy

(Posted on 17/11/23)

The Central Association of German Seaport Operators (ZDS) has called for a decisive German port policy... Read more


Pilbara potential for ammonia as clean iron ore carriers fuel

(Posted on 13/11/23)

A groundbreaking feasibility study has highlighted the potential for using clean ammonia to refuel ships... Read more


New IAPH Board ratified with Jens Meier appointed President

(Posted on 05/11/23)

IAPH has announced the ratification by the IAPH Council of the new IAPH Board. The Board is formed by... Read more


CN Announces Nova Scotia partnership with Genesee & Wyoming

(Posted on 05/11/23)

CN has announced that it acquired from Genesee & Wyoming Inc., a stake in the Cape Breton &... Read more


Hamburg Port increases port fees as of January 2024

(Posted on 31/10/23)

Due to continued very high inflation, the Hamburg Port Authority (HPA) will raise port fees by an average... Read more


New Lead Property Asset Manager to spearhead strategic growth at ABP

(Posted on 31/10/23)

The UK’s leading ports group, Associated British Ports (ABP), has appointed Jeff Gibb as Lead... Read more


Total Rotterdam throughput falls as iron ore and scrap increase

(Posted on 26/10/23)

In the first nine months of 2023, there was 6% less throughput in the port of Rotterdam: 329.9 million... Read more


Continued economic instability impacts Port of Antwerp-Bruges

(Posted on 26/10/23)

After nine months, the total throughput of Port of Antwerp-Bruges was 204.4 million tonnes, a drop of... Read more


LOGISTEC enters agreement to be acquired by Blue Wolf Capital Partners

(Posted on 19/10/23)

LOGISTEC Corporation have announced that it has entered into an arrangement agreement with 1443373... Read more


TelestackSailors SocietyViganCimbriaBühler GmbHPort of South Louisiana
  • Telestack
  • Cimbria

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping