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26 October 2020 The on-line newspaper devoted to the world of transports 23:38 GMT+1

January 28, 2020

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The A.P. Muller Group invests in the development of port and logistics activities in West Africa

Acquired 43% of ARISE Ports & Logistics

A.P. Muller Capital, a fund management company which is part of the A.P. Muller Holding which in turn controls the Danish shipowner A.P. M'ller-M'sk, has acquired 43% of the capital of the UK's ARISE Ports & Logistics (ARISE P&L), acquisition that took place as part of the reorganisation of Gabon's activities Special Economic Zone (GSEZ), a joint venture established in 2010 by the Republic of Gabon, from the agri-food group Olam International Singapore and the financial institution Africa Finance Corporation (AFC) with the aim of developing infrastructure and industrial activities in Gabon.

The reorganization has led, in addition to the ARISE P&L, the creation of the ARISE Integrated Industrial Platforms (ARISE IIP) and ARISE Infrastructure Services (ARISE IS). With the entry of the A.P. Capital, the remaining capital of ARISE P&L is divided Olam, which owns 31% of it compared to the previous 40.5% (with a sale of share that has been implemented for 31 million AFC, which owns 26% of it compared to the previous 21% thanks to a new investment of 48 million euros. Among others investors who participated in the reorganisation are included, In addition to the AFC, Meridiam, STOA, SNEDAI and the CDC Gabon.

THE P&L's initial goal is to invest and develop port activities in Gabon service of various goods and mineral trafficking development of new infrastructure in Mauritania, Ivory Coast, Togo and Nigeria. Other projects ARISE P&L there are those, in advanced state of implementation, for the construction of new port at Nouackchott through the ARISE Mauritania ( 23 December 2019) and for the construction of a new terminal for in San Pedro, Ivory Coast.

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