APM Terminals acquires Vado Ligure Reefer Terminal
APM Terminals and GF Group has acquired 100% of Reefer Terminal S.p.A. by APM Terminals. Terms and price were not disclosed. Reefer Terminal, the largest refrigerated terminal in the Mediterranean for more than thirty years handling 600,000 pallets per year, is also a world-class terminal for the handling of containers (275,000 TEU, 510 reefer plugs, 14.5 meter depth and 465 meter of quay) and general cargo, the Company said in a press release.
APM Terminals has acquired the Vado Ligure Reefer Terminal as part of the port master plan to create new supply chains to markets in Northern Italy, Southern France, Switzerland and Bavaria. The Reefer Terminal is located adjacent to the construction site of the APM Terminals Vado port project which will open in January 2018 with 800,000 TEU annual capacity and a 17 meter depth to serve the vessels of the future.
Reefer Terminal will continue to operate as a terminal highly specialized in the discharge and warehousing of fresh fruit and vegetable produce.
The Ligurian coast is a major entry point for refrigerated palletized fresh fruit into Northern Italy. The Vado Reefer Terminal has four rail tracks which will be linked to the off-dock rail facility being constructed as part of the APM Terminals Vado container terminal with direct access to interior destinations through an environmentally advantageous intermodal rail service.
