MergerLinks Header Logo

Announced

Completed

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

Synopsis

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.

Show Details & Financials

Market Context

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US