A.P. Moller Capital has signed a binding agreement with Bergé y Compañía to become majority shareholder in port operator Bergé.
Both A.P. Moller Capital (51 percent shareholder) and Bergé y Compañía have committed to driving Bergé’s long-term growth and will invest in its multipurpose port infrastructure and logistics in Iberia and Latin America.
Bergé was founded in Spain more than 150 years ago and has a presence at 27 ports across the country as well as southern France. It also operates in Mexico and Colombia.
“A.P. Moller Capital and Bergé share values, a long tradition in logistics and transportation, but also a vision of the future of where the sector is heading, where innovation, sustainability, and international expansion are the fundamental axes,” said Jaime Gorbeña, president of Bergé y Compañía.
Under this agreement, the non-executive chairman of Bergé will be Joe Nielsen, representing A.P. Moller Capital, meanwhile Jaime Gorbeña will be non-executive vice-chairman, representing Bergé y Compañía, and Juan Aguirre will remain in his role as ceo.
The transaction is subject to approval by the relevant competition and regulatory authorities.
