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APM Terminals invests Russia
Russia
Friday 14 September 2012
MD
APM Terminals has acquired a stake in Global Ports, the largest Russian port operator.
APM Terminals has acquired a stake in Global Ports, the largest Russian port operator.
APM Terminals, a subsidiary of the port services group AP Moeller-Maersk, has announced the acquisition of N-Trans with 37.5% stake in Global Ports for 840 million dollars (657 million euros) in cash. APM will pay the debt of the Russian operator up to $20 million.
With this agreement, APM Terminals
adds to its network: 3 terminals in Russia, 2 in Finland, 1 container depot in St. Petersburg and one oil terminal.
This operation is the largest foreign investment in the Russian sector of transport. It emphasises the interest of the Danish group for Russian growth, which is 15% on average over the last 5 years.
This operation is the largest foreign investment in the Russian sector of transport. It emphasises the interest of the Danish group for Russian growth, which is 15% on average over the last 5 years.
source : reuters, romandie, lantenne com
