Quantcast
Viewing all articles
Browse latest Browse all 1290

CMA CGM to acquire a c.48% stake in Santos Brasil

Santos Brasil is the leading terminal operator in Brazil with 8 strategic assets in container, liquid, and vehicle handling and logistics services across the country. Its flagship asset is the container terminal Tecon Santos in the State of São Paulo.

– A major investment for CMA CGM, expanding its presence in Brazil and strengthening the Group’s position as a global terminal operator.

– CMA CGM will launch a public offer on the remaining shares in the coming months.

– CMA CGM commits to support the development of Santos Brasil’s terminals, enhancing capacity and service quality to the terminal customers, and to foster employees’ personal and professional growth.

– CMA CGM will work closely with port authorities and other Brazilian regulatory bodies to develop the Port of Santos, as well as other ports in which Santos Brasil operates.

The post CMA CGM to acquire a c.48% stake in Santos Brasil appeared first on Shipping Herald.


Viewing all articles
Browse latest Browse all 1290

Trending Articles