New investors for Grup Maritim TCB

TCB is Spain’s leading maritime operator. It has a total of 12 terminals worldwide, eight in Spain and one each in Brazil, Mexico, Cuba and Colombia. In 2006 it handled more than 3m teu, and in 2007 it expects this to rise to 3.3m teu.

Set up in 2000, the company is based at Barcelona Container Terminal, which currently represents 35% of its overall business. Its board recently decided to expand the company’s geographical scope to new markets with large growth potential, such as emerging countries in Southeast Asia and Oceania.

QIC is one of the five top institutional pension funds in Australia, with a turnover last year of A$57bn. As a member of various consortiums, the company has a number of investments relating to container terminals, which it will now pass on to Grup Maritim TCB.