NOATUM acquires 100% of Agemasa

NOATUM acquires 100% of
Agemasa
NOATUM, formerly Dragados SPL, is the leader in
port operations and services in the Spanish market
Madrid, 8 April 2011-. NOATUM, the leading operator in of port terminals
in Spain, through its affiliate Marmedsa, has signed an agreement to
acquire the 50% of the company that was previously held by its
Portuguese partner, the Orey Group. As of now, the parties involved will
commence the relevant procedures to gain clearance for the acquisition.
According to Douglas Schultz, CEO of NOATUM, “the acquisition of the
Orey share of Agemasa demonstrates Noatums interest in investment
opportunities in Ports infrastructure and our commitment to our
investments in the Port of Bilbao. The services, strategic location and
resources of Agemasa are an important part of our operations in the Port."
Agemasa is a multi-purpose terminal well equipped with new, modern
machinery and storage facilities, as well as the latest IT systems and the
facility specializes in handling steel products, general and project cargo.
NOATUM
NOATUM Ports SLU is the leading operator in maritime terminals in Spain
with interests in Bilbao (Abra Terminales Marítimas “ATM”), Valencia
(Marítima Valenciana “MARVALSA”), Malaga (Terminales del Sudeste
“TDS”) and Las Palmas (Operaciones Portuarias Canarias S.A.,
“OPCSA”), as well as the largest vehicle terminal on the Mediterranean in
Barcelona (“Autoterminal”).
NOATUM Ports SLU also operates and/or has interests in bulk and
general cargo terminals in Santander (Graneles Sólidos Minerales
(“GSM”), Sagunto (“Marvalsa Sagunto”) and the intermodal terminal at
Puerto Seco de Madrid (“Conterail”).
NOATUM Maritime SLU, is the leading Group in the Iberian port services
market, such as shipping agencies, forwarding and logistics, and port
operations, through its affiliate Marítima del Mediterráneo S.A.
(“MARMEDSA”), with its national headquarters in Barcelona and a full
coverage of the spanish and portuguese ports.
Marmedsa operates and/or has interests in Port Operations at Castellón
(Terminal de Castellón ``TECASA´´and ´´FRICASA´´), Valencia
(Terminales Maritimas Servicesa, ``TMS´´) Cartagena (Terminal Maritima
de Cartagena ``TMC), Coruña and Ferrol (Terminales Maritimas de
Galicia ``TMGA´´), and Bilbao (AGEMASA).
Contact
Gabinete de prensa de NOATUM (Hill & Knowlton):
Xabier Novo / Juan Ignacio Moreno
T: +34 91 435 11 22
[email protected]
[email protected]