22 September 2012

DP World Antwerp divests its shares in DP World Breakbulk and AProjects to Orienta NV

Antwerp, Belgium and Dubai, United Arab Emirates - 20 September 2012 - DP World in Belgium has divested all 60% of its shares in DP World Breakbulk NV and AProjects NV to Orienta NV. The value of the gross assets being disposed of is $61.0 million. 

Rob Harrison, Managing Director of DP World’s businesses in Belgium said, “This sale forms part of a restructure of our businesses here in Antwerp, Belgium and will allow us to strategically focus on our expertise in excellent container terminal management and technical capability in which we have extensive experience.” 

The transaction was signed on 19 September and will finalise before the end of 2012. 

Source: DP World