NOATUM acquires 100% of Agemasa
The deal, which is believed to be worth €4m (US$5.8m), will now be subject to the relevant procedures to gain clearance for the acquisition.
Agemasa, which specialises in handling steel products, general and project cargo, is a well equipped terminal with new, modern machinery and storage facilities, as well as the latest IT systems.
“The acquisition of the Orey share of Agemasa demonstrates Noatum’s interest in investment opportunities in ports infrastructure and our commitment to our investments in the Port of Bilbao. The services, strategic location and resources of Agemasa are an important part of our operations in the port,” said Douglas Schultz, CEO of Noatum.
You need a free subscription to read the entire article.
Subscribe
Subscribe for FREE and gain access to all our content.
More than 5000+ articles.
Related Posts
Other News
Container Management (cm) has been published for more than 30 years serving the port, terminal, intermodal and container handling equipment industries worldwide.
