The Louis Dreyfus Armateurs Group (LDA) and its partners, Groupe Roullier and Peugeot Invest, have reached an agreement with institutional investors advised by J.P. Morgan Global Alternatives’ Global Transportation Group and the shipowner MUR Shipping BV, for the sale of a fleet of 13 handysize and supramax bulk carriers. The ships will be gradually delivered to their future owner in the coming weeks.

About Louis Dreyfus Armateurs

For 170 years, LOUIS DREYFUS ARMATEURS Group (LDA) has been offering its clients tailor-made industrial maritime solutions with integrated services, ranging from ship design to maritime operations.

The Group offers maritime services, in the transport and logistics businesses: heavy lift and oversized cargoes, project cargoes, 4PL & freight forwarding, offshore transshipment. It also offers marine industrial solutions in the laying and repair of submarine optical cables, installation and protection of submarine power cables, maintenance of offshore wind farms, industrial services for large wind turbines, studies and submarine surveys, as well as management of ships of all types.

With over 2,500 staff worldwide and a fleet of about 70 units, LDA is a French family-owned Group.

About Groupe Roullier

Committed for 60 years to Plant Nutrition, Animal Nutrition and Food Industry, Groupe Roullier relies on its industrial and technical know-how, its unique sales force and a sustained innovation policy to meet the specific needs of its partners. The Groupe Roullier, which now has 9,200 employees, has cultivated its financial independence and set out to conquer the world, while respecting the local identities and territories in which it is established.

About Peugeot Invest

Peugeot Invest is an investment company listed on Euronext, majority-owned by Etablissements Peugeot Frères. Via its Peugeot 1810 subsidiary, Peugeot Invest is one of the leading shareholders in Stellantis and Forvia and pursues a policy of establishing minority shareholdings and long-term investments. Peugeot Invest holds interests in listed companies (such as SEB, ORPEA, LISI and SPIE), non-listed companies (such as Tikehau Capital Advisors, International SOS, Signa Prime and Signa Development), co-investments (such as ArchiMed and JAB Holding), and investment funds.

About J.P. Morgan Global Alternatives and Global Transportation Group

J.P. Morgan Global Alternatives’ Global Transportation Group has been investing in the transportation industry since 2010 and actively manages over $4.5bn in transportation assets in the maritime, energy logistic, intermodal, rail and aircraft segments. The team takes a long-term approach to investing, building industry-wide client relationships, and developing dedicated sector platforms to build significant scale and market presence.

About MUR

MUR is a leading logistics provider in the dry bulk shipping industry with a large owned and controlled fleet of modern, fuel-efficient vessels enabling it to meet the varied needs of over 300 clients. MUR’s clients benefit from the collective expertise of its skilled and experienced team, MUR’s innovative shipping and logistical solutions, and high levels of integrity. MUR is also committed to conducting business with the utmost regard to ethical practices and environmental sustainability.

Louis Dreyfus Armateurs press release