AP Moller Capital, part of Denmark’s A.P. Moller Holding, has made a deal to buy 51% of the Spanish logistics company BERGÉ. This company runs operations in 26 ports across Spain and in Bayonne, France, and also has logistics activities in Colombia and Mexico.
The goal of this partnership is to strengthen BERGÉ’s role as a top port and logistics operator in the Iberian Peninsula and Latin America. Both AP Moller and BERGÉ plan to invest significantly in the future to support this growth.
After the acquisition, Joe Nielsen, the Chief Financial Officer of AP Moller Capital, will take on the role of non-executive chairman at BERGÉ. He highlighted that both companies share a vision to turn BERGÉ into a major player in port infrastructure in the focused regions.
Jaime Gorbeña, the President of Bergé y Compañía, pointed out that the two companies share similar values and a rich history in logistics and transportation. He also mentioned that their future plans will focus on innovation, sustainability, and expanding internationally.
This deal needs to be approved by competition and regulatory authorities. The financial details of the transaction have not been released.
This acquisition fits AP Moller Capital’s strategy to invest in infrastructure and logistics services in growing markets, seeking to use its expertise to foster growth and improve operations in its invested companies.
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