APM to Acquire 50% Share in Brazilian Terminal

19 August 2010 (Last Updated August 19th, 2010 18:30)

APM Terminals will acquire a 50% share in Brasil Terminal Portuario, a container terminal being built in Santos, Brazil. The company said the 2.2 million teu facility will be jointly managed by APM Terminals and Terminal Investment. APM operates in the Brazilian ports of Pecem and

APM Terminals will acquire a 50% share in Brasil Terminal Portuario, a container terminal being built in Santos, Brazil.

The company said the 2.2 million teu facility will be jointly managed by APM Terminals and Terminal Investment.

APM operates in the Brazilian ports of Pecem and Itajai, while the Santos port will serve the state of Sao Paulo.