Terminal designer and operator Grup TCB has signed the definitive acquisition of the Castellón Multipurpose Terminal, S.A. (TPC) after the competent authorities, including the Port Authority of Castellón, Spain have agreed to the purchase.
With this acquisition, the company consolidates its foothold on the Mediterranean coast, where it owns the maritime and railway terminals of Barcelona and Valencia.
Grup TCB agreed on the operation last April with the owners of the terminal, after completing negotiations with the majority shareholder, Globalvia.
Grup TCB has appointed Victor Muñoz as CEO of the new company. Muñoz, a captain of the Spanish Merchant Navy with a doctorate in nautical engineering from the UPC (Polytechnic University of Catalonia), has a long history within the organization.
“We came to Castellón with the aim of enhancing the growth prospects of the terminal thanks to a strong commitment to its competitiveness,” he said.
TPC handles about 80% of all TEUs processed in the Port of Castellón and is an important export platform for the region. Under Globalvia’s management, the terminal has recently achieved the ISO 9001 quality certificate and in 2014 increased its container traffic by 5%, reaching 162,000 movements. It has a 970-metre berthing line, a maximum depth of 14 metres, modern facilities and direct rail access to ensure quick inland connection.
According to Xavier Soucheiron, Grup TCB’s CEO , “we will promote a growth plan in the Castellón Multipurpose Terminal based on modernization and operational efficiency. TPC will allow us to consolidate the overall export and import services we offer our customers who operate in Spain or who call at our ports to communicate with Africa, Asia and the Arabian Gulf”.