APM Terminals to acquire Grup Maritim TCB and its 11 container terminals
APM Terminals (APMT) is to acquire a majority stake in the terminal operator, Grup Maritim TCB, and its container terminal portfolio in Europe and Latin America.
Grup Maritim TCB has 11 container terminals with an annual throughput capacity of 4.3m teu and an estimated annual container volume of 3.5m teu.
The Barcelona-based company consists of Spanish container terminal concessions in Barcelona, Valencia and Castellon, on the Mediterranean coast, along with the concessions in Gijon, on the Bay of Biscay, and in the Canary Islands: Santa Cruz on Tenerife and La Palma on Gran Canaria.
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