Noatum divests stake in Spanish firm for one-off capital gain of US$10.5 million

Noatum, which currently manages AD Ports Group’s Logistics Cluster activities, has completed the sale of its 27.9% ownership in Barcelona Container Depot Service Group (BCDS) for an equity value of €11 million (around US$11.55 million) resulting in a one-off capital gain of €10 million (around US$10.5 million).

BCDS specialises in the storage, maintenance, repair, and cleaning of dry and reefer containers, as well as ISO tanks, and operates from six locations around Spain, with the majority of...

https://container-news.com/noatum-divests-stake-in-spanish-firm-for-one-off-capital-gain-of-us10-5-million/