DP World announces 'transformative' expansion plan for Caucedo hub
Global terminal operator DP World is set to plough some $760m into its Caribbean transhipment ...
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By Mike Wackett
Global container terminal owner and operator DP World has agreed to buy Aarhus-headquartered feeder and shortsea container line Unifeeder.
The sellers in the deal worth around $760m are Nordic Capital and certain minority shareholders.
The private equity group acquired the European feeder specialist in 2013 from Montagu Private Equity for an undisclosed fee.
Rumours of a new chapter of ownership for Unifeeder have been circulating in the industry for months, but few expected DP World to be the suitor.
Sultan Ahmed Bin Sulayem, group chairman and CEO of ...
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