Bohai Leasing Divests Seaco to Stonepeak
Deal News | May 21, 2025 | Hogan Lovells
Bohai Leasing, a company listed on the Shenzhen Stock Exchange, has agreed to sell its indirect wholly-owned subsidiary, Seaco, to Stonepeak. Seaco, which was established in 1965 and is incorporated in Bermuda, operates as a marine container leasing company with a significant global presence, owning and managing over 2.4 million TEU of containers. Stonepeak, an alternative investment firm specializing in infrastructure and real assets, manages approximately $73 billion in assets and focuses on sectors like transport, logistics, and digital infrastructure. Hogan Lovells, a global law firm, is advising Bohai Leasing on this cross-border M&A transaction. The Hogan Lovells team, led by London-based partner Sarah Shaw, includes partners and associates from London, Beijing, and Washington DC, with a focus on antitrust and foreign direct investment considerations.
Sectors
- Marine Container Leasing
- Infrastructure & Real Assets
- Legal Advisory
Geography
- Bermuda – Seaco, the target company in the transaction, is incorporated in Bermuda.
- China – Bohai Leasing, the seller, is listed on the Shenzhen Stock Exchange, representing China.
- United States – Stonepeak, the buyer, is based in the United States.
- United Kingdom – Hogan Lovells has key legal representatives based in London, UK, for this transaction.
Industry
- Marine Container Leasing – Seaco operates in the marine container leasing sector, managing a substantial global fleet and providing its services worldwide.
- Infrastructure & Real Assets – Stonepeak specializes in investing within the infrastructure and real assets sectors, reinforcing the connection of this industry to the transaction.
- Legal Advisory – Hogan Lovells, a law firm, is providing legal advisory services for the transaction, highlighting the legal industry's role.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Seaco | Target Company | Company | A marine container leasing company incorporated in Bermuda and a wholly-owned subsidiary of Bohai Leasing. |
| Bohai Leasing | Vendor | Company | A company listed on the Shenzhen Stock Exchange, selling its subsidiary Seaco as part of the transaction. |
| Stonepeak | Buyer | Company | An alternative investment firm specializing in infrastructure and real assets, acquiring Seaco in this deal. |
| Hogan Lovells | Legal Advisor | Company | A global law firm advising Bohai Leasing on the Seaco transaction. |