APM Terminals (APMT) reached an agreement with Perez y Cia this week to acquire a majority stake in the Barcelona-based Grup Maritim TCB and its container terminal portfolio in Europe and Latin America.
The transaction, which is expected to be finalised by the end of the year, is subject to certain conditions and relevant approvals.
Grup Maritim TCB’s terminal operations include Izmir, Turkey; Yucatan, Mexico; Quetzal, Guatemala; Buenaventura, Colombia, on the Pacific Coast; and Paranagua, in Brazil.
Operator expands its container terminal portfolio
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