DP World acquires Chilean company Puertos y Logística S.A.

DP World has acquired control of the Chilean company Puertos y Logística S.A., owner of Puerto Central (San Antonio) and Puerto Lirquen (Concepción) – two of the largest multipurpose terminals in the country.

The acquisition of these facilities followed a successful Public Offer of Acquisition of Shares (OPA) made through DP World Holding UK of US$502m and all taxes related to the transaction were paid in Chile.

Roberto Zilleruelo, CEO at Puertos y Logística S.A., said: “With the support of one of the largest port operators and trade enablers in the world, we will accelerate business growth through new investments in the company and its people.”