Independent journal on economy and transport policy
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APM Terminals has completed the acquisition of the harbour group Spanish Grup Marítim TCB
the Dutch society previews to invest 400 million dollars for the potenziamento of the terminals of TCB in next the five years
March 9, 2016
Terminalista society APM Terminals of shipowning group Danish A.P. Møller-Mærsk has announced today to have completed the acquisition of the harbour group Spanish Grup Marítim TCB, of which at the end last summer it had obtained a majority quota in order then to sign an agreement in order to buy also the remaining quota the share capital ( of the 8 september and 16 October 2015).
Dutch APM Terminals has specified that the transaction still is not approved of by three of the eleven terminaliste societies of group TCB, but to have determined to carry however to term the acquisition of the entire capital - with an investment that piles to a billion of dollars - as the three terminals represent less of 5% of the total value of the operation.
APM Terminals has emphasized that the acquisition, adding others eight ports - that is Barcelona, Castellon, Gijon and Valencia in Spain, Progreso in Mexico, Puerto Quetzal in Guatemala (activity that will be inaugurated in the course of this year), Buenaventura in Colombia and Paranagua in Brazil - for a containerized trade ability pairs to two million teu per year, widens own Network to 72 ports in 69 nations.
The Dutch society has announced that it previews to invest 400 million dollars for the potenziamento of the terminals in these eight ports in the arc of next the five years.
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