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Announced

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PSA International completed the acquisition of a 22% stake in Duisburg Gateway Terminal.

Synopsis

PSA International, a port operator and supply chain company, completed the acquisition of a 22% stake in Duisburg Gateway Terminal, a container terminal. Financial terms were not disclosed. “We are excited to become a partner in Duisburg Gateway Terminal, alongside its existing shareholders duisport, HUPAC and HTS. As part of Europe’s largest and most sustainable inland port, DGT will be a key gateway in providing green logistics services to Germany’s dense industrial hinterland. Leveraging PSA’s global ports and supply chain network as well as its strong presence in continental Europe, PSA aims to strengthen the DGT partnership and support Germany’s green energy transition in line with our strategic focus towards enabling smoother, more resilient and sustainable trade," Tan Chong Meng, PSA International Group CEO.

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