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  • Photo: AD Ports

09.01.2024 By: Patricia Büeler


Artikel Nummer: 47804

A terminal for EUR 10 million


AD Ports Group has announced that Noatum Terminals, part of Noatum Group, has acquired 100% of APM Terminals Castellón in Spain for EUR 10 million.

 

The deal includes a long-term agreement with the stevedoring union, ensuring stability and productivity. The acquisition expands Noatum’s capacity at Castellón to 250,000 sqm and 250,000 teu annually, making up about 70% of the port's container volume capacity.

 

The terminals handle bulk cargo and ro-ro, with rail links to the hinterland, serving the Mediterranean, Middle East, and North Africa. The region is significant for tile production, with 80% exported. Thee acquisition allows Noatum Terminal Castellón to expand its operations in bulk, general cargo, and containers, maintaining APM Terminals' services. (pb)

www.adportsgroup.com

 

 

 

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