APM Terminals to acquire Danish terminal
APM Terminals (APMT) is set to acquire a container terminal in Denmark following development challenges faced by the current owner.
Aarhus Logistics Center (ARL) will transfers ownership of its container terminal in the Port of Aarhus to APMT, with neighbouring APM Terminals Aarhus acquiring operations as well as the port areas of ALC. The transfer of ownership will have effect as of 1 September 2020.
“We are acquiring an interesting business with loyal clients, who will now gain access to a bigger network, and with that new development opportunities for their business. At the same time, we expect to be able to make the clients’ workday more efficient as administration decreases with just one operator”, states Dennis Olesen, Managing Director Nordics, APM Terminals.
The terminal was established by ALC in the spring of 2017, after which ALC developed a strong activity level. However, due to limitations regarding area capacity and lack of prospects of further developing the business, ALC consequently decided to sell the terminal.
“Aarhus has a central position for the container traffic, and in ALC, we have within a few years attained a strong activity level,” said Jan Dam Poulsen, managing director of ALC. “However, we estimate that from a long-term perspective, it will be difficult to further develop our activities. Consequently, it will also involve challenges to continue servicing our clients in the most appropriate way. By selling the terminal to APM Terminals, we also ensure improved possibilities for the clients.”
APMT said the terminal will have increased opening hours, increased capacity of reefer containers and a higher level of productivity, with direct access to regular train services as well as a worldwide liner network.
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