Grup TCB Sign Acquisition for Spanish Terminal


Grup TCB, a leading company in the design and management of port terminals, has signed the definitive acquisition of the Castellón Multipurpose Terminal, S.A. (TPC), following the agreement of the Port Authority of Castellón to purchase the terminal.

This news follows an agreement with the majority shareholder, Globalvia to acquire the terminal.

Victor Muñoz, new CEO of TPC, said: “We came to Castellón with the aim of enhancing the growth prospects of the terminal thanks to a strong commitment to its competitiveness.”

Grup TCB agreed the operation in April, 2014 with the owners of the terminal, after completing negotiations with Globalvia.

With this acquisition, the company consolidates its leadership on the Mediterranean coast, where it owns the maritime and railway terminals of Barcelona and Valencia.

TPC handles around 80% of all TEU processed in the Port of Castellón and is an important export platform for the region.

Under Globalvia’s management, the terminal has recently achieved the ISO 9001 quality certificate and in 2014 increased its container traffic by 5%, reaching 162,000 movements. It has a 970-metre berthing line, a maximum depth of 14 metres, modern facilities and direct rail access to ensure quick inland connection.

Xavier Soucheiron, CEO of Grup TCB, concluded: “We will promote a growth plan in the Castellón Multipurpose Terminal based on modernisation and operational efficiency.

“TPC will allow us to consolidate the overall export and import services we offer our customers who operate in Spain or who call at our ports to communicate with Africa, Asia and the Arabian Gulf”.   

Fact File: Grup TCB is a global reference in the design and management of efficient container terminals. The company currently operates 11 maritime container terminals globally, with two intermodal transport subsidiaries – TCB Railway Transport and TCV Railway Transport – and four railway terminals: Barcelona, Valencia, Gijón and Zaragoza. All the terminals employ more than 1,500 workers. 

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