Seaco Acquisition by Stonepeak from Bohai Leasing
Deal News | May 21, 2025 | Hogan Lovells
Bohai Leasing, a company listed on the Shenzhen Stock Exchange, has sold its marine container leasing subsidiary, Seaco, to Stonepeak, a major investment firm specializing in infrastructure and real assets. Seaco, founded in 1965 and incorporated in Bermuda, manages a container fleet of over 2.4 million TEU worldwide. Stonepeak, which manages assets totaling approximately $73 billion, invests in sectors such as infrastructure, logistics, and energy. This transaction, supported and advised on by international law firm Hogan Lovells, showcases their M&A expertise across multiple global offices, with notable participation from key partners based in London, Washington DC, and Beijing. The strategic acquisition of Seaco adds substantial value to Stonepeak's portfolio in transportation and logistics.
Sectors
- Infrastructure
- Leasing and Logistics
- Private Equity
Geography
- Bermuda – Seaco, the target company, is incorporated in Bermuda.
- China – Bohai Leasing, the seller, is listed on the Shenzhen Stock Exchange, making China a significant geographic focus.
- United States – Stonepeak, the acquiring firm, is a US-based investment firm.
Industry
- Infrastructure – Stonepeak's investment focus on infrastructure makes this sector relevant to the acquisition, particularly in enhancing logistical capacities.
- Leasing and Logistics – Seaco operates within the leasing and logistics industry, managing a large fleet of marine containers globally.
- Private Equity – As a private equity firm, Stonepeak's activity in acquiring Seaco falls within this sector, demonstrating active portfolio expansion.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Seaco | Target Company | Company | A global marine container leasing company incorporated in Bermuda. |
| Bohai Leasing | Selling Company | Company | A Shenzhen Stock Exchange-listed entity, previously owning Seaco before its sale to Stonepeak. |
| Stonepeak | Bidding Company | Company | An alternative investment firm specializing in infrastructure and real assets. |
| Hogan Lovells | Legal Advisor | Company | Acted as the legal advisor to Bohai Leasing for the sale of Seaco. |