United Kingdom’s port operator Peel Ports Group has completed the acquisition of HES Humber Bulk Terminal for an undisclosed amount of money.
Peel Ports has acquired the business from specialist bulk terminals operator, HES International, headquartered in Rotterdam, to expand its presence to the UK’s East Coast.
The acquisition also means that Peel Ports will now operate across eight key locations in the UK and Ireland, with the ports of Liverpool, Heysham, Manchester Ship Canal, London Medway, Clydeport, Great Yarmouth and a container terminal in Dublin already within its portfolio.
Moreover, the new bulk terminal, situated on the South Bank of the Humber Estuary, will be operated by Peel Ports Logistics, a division of Peel Ports Group that specialises in ‘One-Stop-Shop’ logistics solutions.
In addition, the terminal has an open storage capacity of 6,200 m² and a covered storage facility of 275,000 m³.
Claudio Veritiero, CEO of Peel Ports Group, commented, “The acquisition of HES Humber Bulk Terminal is an important investment for Peel Ports Group, expanding our presence into the East of England and bringing Peel Ports Logistics’ ‘One-Stop-Shop’ service to the East Coast.”
