Noatum Terminals, the terminals operations business of Noatum Group, has acquired 100% ownership of APM Terminals Castellón in Spain for a total purchase consideration (Enterprise Value – EV) of EUR 10 million. The agreement, which was reached with APM Terminals, has obtained all regulatory and stakeholder approvals and the change of ownership will take place effective immediately. In parallel, a long-term agreement with the stevedoring union has been achieved which will assure stability and high productivity in the coming years.
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- Specialisation in liner shipping services, tramp agency, reefer cargo, dry cargo chartering, etc.
- Integrated logistics operator specialising in international transport, project cargo, logistics and customs.
- Port facilities equipped with the latest technology to meet the logistical needs of the industrial hinterland.
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