HGT successfully completes the acquisition of a 50% stake in a greenfield container terminal project in Brazil
AI Summary
Hanseatic Global Terminals (HGT) and Imetame Group have established a joint venture to develop and operate the Hanseatic Global Terminals Aracruz container terminal in Brazil, with operations expected to start by mid-2028. This acquisition marks HGT's 50% stake in the greenfield terminal project, signaling a significant move in port infrastructure development.
Hanseatic Global Terminals (HGT) and the Imetame Group successfully completed the establishment of the Hanseatic Global Terminals Aracruz S.A. joint venture. Both companies officially begin their partnership to develop and operate the new Hanseatic Global Terminals Aracruz container terminal with operational launch expected mid-2028. This transaction follows the agreement signed between the two parties in ...