APM Terminals completes acquisition of Grup Maritim TCB

150906 TCB Barcelona container terminal photo (3)

By LoadstarEditorial

09/03/2016

APM Terminals has completed the $1bn acquisition of Spanish Grup Maritim TCB’s port and rail interests. APM Terminals has yet to receive approval for three of 11 terminals under Grup Maritim TCB, but has decided to move ahead with the acquisition, as the remaining terminals constitute less than 5% of the value of the acquisition.

Read more...

Comment on this article

You must be logged in to post a comment.

Topics

APM Terminals Grup Maritim TCB Takeover Talk Adani Group Boluda Market insight MSC Svitzer

Most Read

WestJet will 'disrupt' Canada with three 737Fs, but rivals aren't scared

The 'mother of all BAFs' looms for shippers as green targets advance

First shipper uses new land-air corridor ex-India for Bangladesh exports

Maersk idles more ships while NOOs see a rebound in demand

Carriers turn their gaze back to scrubbers as voyage results tumble

Container shipping can see ‘green shoots’ of freight demand recovery

Forwarding M&A round-up: plenty of action making smaller headlines

The parcel empires strike back as smaller players take stock

Shippers advised to give strike-hit port of Hamburg a miss

CMA CGM eyes car-carrier market boom as liners are ready to invest

DSV buys in Arizona to boost services and cross-border LatAm trade

Some ocean trades stabilising, but transatlantic rates still falling

Retailers warn of challenging orderbooks amid continued high inventory

Mind the (income) gap with Mærsk, DP-DHL & Kuehne – DSV the safest

K+N will take financial hit to 'create critical mass' for smart labels

Another rail strike in Germany to add to European freight troubles