Independent journal on economy and transport policy
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Canadian group ATCO will acquire 40% of the capital of the Chilean Neltume Ports
The transaction will have a value of USA 340 million dollars
September 13, 2018
Canadian group ATCO, than work mainly in the fields of the distribution and commercialization of gas and electric power and of infrastructures and the logistics, has signed an agreement in order to buy 40% of the capital of the Chilean Neltume Ports, harbour and terminalista group that through the Ultramar branch manages 16 harbour terminals and other asset in Latin America, mainly in Chile and Uruguay. The transaction will have a value of about 450 million dollars Canadian (USA 340 million dollars).
Last year the group Neltume Ports, that some 3.900 people appoints to a job, has enlivened a traffic of the goods pairs to 50,8 million tons.
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