Euroports sells its shares in Trilogiport Terminal to DP World
Euroports Belgium and DP World came to an agreement to conclude the sale of Euroports’ 2/3rd of shares in Trilogiport Terminal. DP World will become 100% shareholder of the inland container terminal, Euroports
Both companies were at the start of the project in 2008. They both believe the transaction will strengthen their individual strategies
In 2013 Euroports successfully concluded the sale of the inland container terminal in Meerhout to BCTN. Following that transaction Euroports found an interested buyer for Trilogiport in DP World. For DP World the Trilogiport terminal is a good match wih their current activities.
Euroports will use the proceeds of the sale to further invest in the growth of Dry Bulk and Breakbulk activities in Belgium and France.
Paul Jacob Bins, Euroports Benelux and France Managing Director clarifies: “The sale of our shares in Trilogiport Terminal to DP World will allow us to continue to focus on our strategic goal to become the partner of choice in maritime supply chain solutions to our existing and future clients in Dry Bulk and Breakbulk markets.
About Euroports Belgium.
The group consists of 22 port terminals in Europe plus 2 in China. It handles a wide range of products in industry sectors such as minerals, fertilizers, forest products, agribulk, metals, steel project cargo. The group combines its service and industry knowledge on its quaysides in the different ports with in-house transport services, allowing it to offer fully integrated international logistics solutions to its clients.
Euroports Belgium, the Belgian part of the group comprises several port terminals in Antwerp, Ghent and inland terminals in the Liège and Charleroi area. Products handled vary from dry bulks such as minerals and fertilizers to breakbulk commodities such as steel, pulp and paper. The Belgian organisation also offers an extensive portfolio of logistics services such as ships agency, inland navigation, customs clearance and road transport. A unique logistics solution tailored to clients’ product flows gets engineered, combining one or more services and locations into an optimized ‘supply chain solution’.
