TCB Buenaventura buy

The Barcelona-based TCB group has acquired a 30% stake in the Colombian port company Complejo Portuario Industrial de Buenaventura, which has been awarded a 30-year concession to operate the new 700,000 teu capacity container terminal in the port of Buenaventura. TCB effectively becomes terminal operator in a project requiring investment of € 163.5m ($220.1m).