News / APMT expands its Spanish portfolio with takeover of terminal operator Grup TCB

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APM Terminals is set to cement its position as the largest terminal operator in Spain after it announced today that it had acquired a controlling stake in Barcelona-based Grup Maritim TCB  from its majority shareholder, Perez y Cia.

The Spanish company also operates ship agency, freight forwarding and logistics services, while TCB’s container terminal portfolio in Europe and Latin America comprises 11 box terminals with a combined design capacity of 4.3m teu.

It is expected to handle 3.5m teu this year, and ...