A.P. Moller Capital to acquire Euroports stake

A.P. Moller Capital is acquiring acquire a majority stake in Euroports Group, a port terminal operator and logistics provider with more than 50 terminals across Europe and China.

The transaction will see A.P. Moller Capital become Euroports’ majority shareholder through a separately managed fund vehicle, alongside existing shareholders SFPIM and PMV.

Euroports’ current management structure, governance framework and strategic direction will remain in place.

“In a changing world, resilient supply chains and secure trade flows are increasingly essential to economic stability and growth,” said Kim Fejfer, managing partner and chief executive at A.P. Moller Capital.

Euroports handles more than 70 million tonnes of bulk, breakbulk and liquid bulk cargo annually across terminals in 10 European countries and China. Its cargo portfolio includes fertilisers, agribulk, sugar, fruit, forest products, metals and minerals, with the company employing around 3,000 people.

The group also operates Manuport Logistics (MPL), an independent freight forwarding business active in more than 20 countries. MPL will retain its existing brand and continue its growth strategy within the wider Euroports platform.

Fejfer said Euroports’ infrastructure plays an important role in moving essential commodities and supporting European industry, food systems and manufacturing. The new ownership group plans to combine Euroports’ operational platform with A.P. Moller Capital’s investment and industrial expertise.

The shareholders will support management’s plans to expand Euroports’ activities, increase its geographical footprint and attract additional customers and cargo volumes, while maintaining its focus on service standards and long-term value creation.

“This transaction marks the beginning of a new chapter for Euroports, providing a strong basis to continue its growth trajectory, pursue new opportunities and build on the solid foundations that have underpinned its success to date,” said Frédéric Platini, CEO of Euroports Group.

The investment follows A.P. Moller Capital’s investment in Spanish port infrastructure and logistics company BERGÉ Logistics and further expands its European transportation and logistics infrastructure portfolio.

Completion remains subject to customary closing conditions, including regulatory and other third-party approvals.