Maersk eyes trade in deals for more than 50 terminals
The investment arm of Maersk’s corporate parent is expanding its international ports portfolio through agreements in Asia and Europe. The post Maersk eyes trade in deals for more than 50 terminals appeared first on FreightWaves .
Maersk Capital is seeking to bolster its international ports portfolio with recent acquisitions of Portek International and Euroports. The Danish investment firm, parent company to shipping giant Maersk, announced plans to acquire 100% of Portek from Mitsui & Co. and a majority stake in Euroports via a separate investment vehicle.
The deals, subject to closing conditions and approvals, come less than a month apart and extend Maersk Capital's focus on essential trade infrastructure. Following its stake in Spanish port operator Berge, Maersk Capital now has a diversified portfolio of port operations across three continents, with Portek's seven terminals in Africa, Asia, and Europe.
Euroports' European network of deep-sea and inland terminals handles over 70 million metric tons annually in bulk and breakbulk supply chains. The CEO of Maersk Capital highlighted the importance of resilient supply chains and secure trade flows in economic stability and growth.
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