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Announced

Completed

DP World completed the acquisition of a 44% stake in Swissterminal Holding.

Synopsis

DP World, a port operator, completed the acquisition of a 44% stake in Swissterminal Holding, an operator of container terminals in Switzerland. Financial terms were not disclosed. “We are delighted to be able to invest in an innovative operator of container terminals that has extensive expertise, committed employees and solid values. The strategic partnership with Swissterminal strengthens DP World’s position as a leading provider of solutions for domestic supply chains. Swissterminal is the perfect addition to our existing range of inland terminals and seaport services in Europe. We look forward to jointly developing new intermodal solutions for our customers in the future." Dr. Martin Neese, DP World Inland Managing Director.

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