Noatum Ports sells stake in Las Palmas port terminal concession

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Noatum Ports sells stake in Las Palmas port terminal concession

Noatum Ports has confirmded the sale of all shares (45% of the Company) held in Operaciones Portuarias Canarias S.A. (OPCSA Las Palmas) to Terminal Investments Ltd which previously held 55% of OPCSA shares.

The company has concluded this transaction and appreciates the positive cooperation with TIL during the period of joint shareholding of OPCSA. Noatum Ports thanks the Customers, Management, employees, Port Authority and community of OPCSA for their support and wishes the Company every success for the future.

OPCSA Las Palmas been operating since 1986 and was the first fully independent stevedoring company in the Port of Las Palmas, Gran Canaria. The Port currently hosts three multipurpose terminals. 

Noatum Ports is the largest maritime terminal operator in Spain, with assets in Bilbao (Noatum Container Terminal Bilbao), Valencia (Noatum Container Terminal Valencia), and Málaga (Noatum Container Terminal Málaga), as well as the largest vehicle handling terminal in the Mediterranean, based in Barcelona (Autoterminal).

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