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Consortium buys Euroports

A consortium consisting of R-Logitech (a subsidiary of Monaco Resources Group), as well as Belgian investment firms PMV and FPIM, has acquired port operator Euroports Holdings.

The firm operates 26 deepsea port terminals around the world, employs more than 3,000 staff and handles over 60 million tonnes of bulk, breakbulk, containerised and liquid products every year.

Michel Casselman, ceo of PMV, noted that the consortium “combines operational expertise with financial strength and local knowledge. Together these partners create a platform that can perpetuate sustainable growth in Flanders and internationally.”

Frederic Platini, ceo of major shareholder R-Logitech, added: “We are committed to Euroports’ long-term investment plan whilst focusing on delivering a world-class supply chain solution to our customers across the globe.”

www.euroports.com

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