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DP World buys into Tarragona

DP World buys into Tarragona

The transaction has received approval from the Tarragona Port Authority and is currently seeking European Union regulatory clearance. The price was not disclosed.

Tarragona Port which handles 100% origin and destination cargo is located on the Mediterranean near Barcelona serving the hinterland of northern and central Spain. Tarragona has the potential to expand and to attract cargo seeking alternatives to nearby ports.