Posted on January 3, 2024
Infracapital is taking full ownership of Dutch inland port and rail terminal operator CTH by acquiring Bolk Container Transport and Nijhof-Wassink’s 66.67% stake.
The infrastructure equity investment arm of M&G, through its Benelux inland container terminal platform, Inland Terminals Group (ITG), has agreed to buy the remaining interest it does not already own in CTH for an undisclosed amount.
Infracapital gained a 33.33% interest in CTH through its 2021 takeover of Dutch container logistics company Multimodal Container Services (MSC).
Herman Deetman, managing director at Infracapital, said: “The acquisition of CTH further bolsters and diversifies Infracapital’s end-to-end inland container transport presence in the Netherlands and Belgium. Having CTH join ITG further strengthens its position as a leading green intermodal operator.”
CTH marks Infracapital’s third acquisition in the inland terminals sector, having acquired BCTN in June 2021 and MCS in December 2021, which have since been integrated to form ITG.
Eduard Backer, CEO of ITG said: “We welcome CTH into our group of inland terminals. With the acquisition of CTT Hengelo, CTT Almelo and CTT Rotterdam we add three quality inland terminals to our network and we look forward to working with the CTH organisations and customers.
”Together we will further strengthen our product offering and ability to further improve the environmental performance of our intermodal container transport.”