1. Hapag Lloyd AG (German: Hapag Lloyd AG) is a German container shipping company engaged in transportation and logistics business, with its headquarters in Hamburg.
2. It was founded in 1970 by the merger of two companies that had been operating since the 19th century: Herb, founded in 1847, and Roth, founded in 1856.
3. Hebrot was acquired by TUI in 1998 and became its wholly-owned subsidiary in 2002.
4. In 2009, TUI sold its majority stake to private investors.
