Due Diligence on JM Baxi in India for Hapag-Lloyd

Challenge

Hapag-Lloyd expressed interest in participation in JM Baxi Ports & Logistics Limited, which manages and operates 12 seaports, dry ports, freight stations and logistics parks around India, including major international ports such as Nava Sheeva, Vishaka and Tuticorin. HPC was contracted to conduct detailed due diligence on market forecast, operations management, civil and equipment engineering and HSSE.

Tasks Performed

• Concession agreement and market forecast analysis, inclusive of a forecast feasibility check
• Civil and equipment assets red flag analysis
• Operations assessment and red flag analysis
• High-level estimation of CAPEX required for the facilities’ development, as an input to the financial advisor’s business plan

Benefit

Hapag-Lloyd's acquisition will boost its presence in India and helps to achieve ambitious growth targets.