Announced
Synopsis
AP Moller Capital-led consortium agreed to acquire ARISE Ports & Logistics, the holding structure for ARISE’s ports and logistics operations across Africa. Financial terms were not disclosed. “We are delighted that APMC has decided to invest in ARISE P&L, which will undoubtedly benefit from APMC’s deep financial and operational expertise in the maritime and logistics industry. In addition to being testament to the strength of our ports and logistics operations, this partnership will enable ARISE to invest further in our activities across the continent,” Gagan Gupta, ARISE CEO.
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