Pontegadea Inventions, the investment company of Zara Amancio Ortega, has agreed to buy 49 percent of the Bookfield Asset Management PD.
Brookfield It will remain Shareholder And partnership with Pontigadia to Support PD ports are ongoing Development and expansion.
PD outlets are a decisive economic engine in Tisside The area, contribution 1.4 billion pounds annually ($ 1.8 billion) for the local economy and support around it 22,000 jobs Through the broader supply chain.
The company uses directly more than 1,400 people In that 11 UK websiteIncluding Teesport and Hartlepool.
as Legal port authority to River tendenciesThe company is responsible for ensuring the remains of the river Safe and navigationSupporting regional economic activity and infrastructure.
Read: PD outlets unveiled the Teesport Offshore Gate Plans
“This deal refers to a bold new chapter for PD ports – one that depends on our proud heritage and sets a confident course for the future. We look forward to working with the new shareholder to lead the continuous growth in our business,” said France Calji, CEO of PD.
“Our ability to attract a high-quality investor is strong support for the company, its people and its long-term vision. While we have successful operations throughout the UK-including Groveport, Felixstowe and WIGHT-we are highly based on Teesside and we will continue to make targeted investments in our locations and operations here.”
No financial details The treatment has been detected. the The deal is subject to organizational approval.
In recent developments, Nasim Bahr Kish, an Iranian company that has already controlled the majority share in the Russian Astrakhan port, has made an official proposal to obtain the remaining shares.
