Hutchison Port Holdings is set to complete its acquisition of APM Terminals’ APMTR facility in Rotterdam’s Maasvlakte Delta area.
The deal means Hong Kong-headquartered Hutchison now controls the vast majority of the terminal capacity in the Maasvlakte I (Delta) area, while APMT will focus on its highly automated facility on the Maasvlakte II area, also home to the DP World-led Rotterdam World Gateway terminal.
The deal, announced in December 2019, needed approval …
The post Hutchison completes takeover of APMT’s Rotterdam facility after 18 months appeared first on The Loadstar.
Source: The Loadstar
Be the first to comment on "Hutchison completes takeover of APMT’s Rotterdam facility after 18 months"