The German government bans the sale of a logistics company to Chinese entities due to security concerns

Updated 2026-10-09 · told from many outlets at once

The German government has blocked the sale of 80 percent of Zippel to Chinese state-owned shipping company Cosco. The takeover raised security and supply chain concerns. Cosco holds a 24.99 percent stake in the Hamburg terminal Tollerort.

• The Federal Office for the Protection of the Constitution expressed concerns about the takeover of Zippel by Cosco.
• The Ministry stated that the acquisition could endanger supply chains.
• Zippel employs approximately 350 workers.
• Cosco holds a 24.99 percent stake in the Hamburg container terminal Tollerort.
• The federal government has stopped the sale of 80 percent of Zippel to Cosco.

Outlets: Der Tagesspiegel, Deutschlandfunk, Süddeutsche Zeitung, ZDFheute, taz

Written by AI from the outlets' reporting and checked automatically; it can contain mistakes. How Daily Brief works · Privacy