Hutchison completes takeover of APMT’s Rotterdam facility after 18 months

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

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