HIG Infrastructure to acquire Noatum?
NewsUS investment fund HIG is said to be favourite to acquire JP Morgan Asset Management’s stake in Spanish logistics, stevedoring and port group Noatum
Turia Port Investments launched
Following its acquisition of Dragados-SPL, J P Morgan has set up a new management company, Turia Port Investments, to take over all the Dragados port assets in Spain. A new management team has been appointed and has visited the various ports where Dragados-SPL has operations and other assets.
The managing director of Turia is Doug Schultz (ex-Patrick Terminals), the director general is John Thompsen (exmanaging director of Maersk Algeciras) and the commercial director is Charles Baker (ex-Tercat/Hutchison).
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This complete item is approximately 200 words in length, and appeared in the October 2010 issue of WorldCargo News, on page 9. To access this issue download the PDF here.
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