DP World completed the acquisition of Fraser Surrey Docks from Macquarie Infrastructure and Real Assets.

DP World, a logistics company based in Dubai, United Arab Emirates, completed the acquisition of Fraser Surrey Docks, a large, multi-purpose marine terminal located in the greater Vancouver area of British Columbia, Canada, from Macquarie Infrastructure and Real Assets. Financial terms were not disclosed. "We are pleased to announce the acquisition of Fraser Surrey Docks, which complements our footprint in the west coast of Canada. We are seeing increasing demand from our customers for multipurpose facilities in the region and we believe Fraser Surrey Docks has the relevant infrastructure and is in the right location to service this demand. We look forward to bringing DP World’s best-in-class terminal operations to Fraser Surrey Docks," Sultan Ahmed Bin Sulayem, DP World Chairman and CEO.