Terminal operator Grup TCB has agreed a deal to buy Terminal Polivalente de Castellón (TPC) from its current owners, including majority shareholder Globalvia.
The transaction is pending approval which is expected to come from the relevant authorities in the next few weeks.
The terminal is situated mid-way up Spain’s eastern coast at the Port of Castellon, 60 km from Valencia. TPC handles around 80% of the port’s container traffic.
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