A.P. Moller Capital Signs Agreement to Acquire Portek International
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- LogisticsBusiness
A.P. Moller Capital has entered into an agreement to acquire 100% of Portek International Pte. Ltd. from Mitsui & Co., Ltd. This acquisition, facilitated through its Emerging Markets Infrastructure Fund II, marks a significant expansion for A.P. Moller Capital in the transportation and logistics infrastructure sector.
Portek International, based in Singapore, operates a diverse portfolio of multipurpose terminals across Africa, Asia, and Europe, handling approximately seven million tonnes of bulk cargo annually. The acquisition aligns with A.P. Moller Capital's strategy to enhance operational performance and governance while focusing on environmental performance and emissions-reduction planning.
Looking ahead, A.P. Moller Capital aims to collaborate closely with Portek’s local teams to leverage their expertise and support the company’s growth. The completion of this transaction is contingent upon customary closing conditions, including regulatory approvals, which have yet to be disclosed.
Original report
A.P. Moller Capital to Acquire Portek International
LogisticsBusiness · David PriestmanThis briefing is an independently written summary based on publicly available reporting and is provided for industry information and news discovery. The original report and source publication are credited and linked where applicable. RobotToday does not claim ownership of third-party source material.
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