The transaction covers a 53.35% stake in Thaumas N.V., the company that indirectly owns Euroports. The shares are being acquired from R-Logitech and its co-shareholders, Belgian public investment companies SFPIM and PMV. Following completion, A.P. Moller Capital will become Euroports’ majority shareholder, while SFPIM and PMV will remain investors in the group.
The purchase price has not been disclosed. According to R-Logitech, the final consideration will depend on Euroports’ consolidated EBITDA for the 2026 financial year. The transaction remains subject to regulatory, competition and other approvals, which are expected during the first quarter of 2027.
More than 50 terminals across Europe and China
Headquartered in Belgium, Euroports operates more than 50 deep-sea and inland terminals across ten European countries and China. Its terminals handle more than 70 million tonnes of bulk, breakbulk and liquid bulk cargo annually, including fertilisers, agricultural commodities, forest products, metals and minerals.
The group employs around 3,000 people and also owns and manages Manuport Logistics, an international freight forwarding company operating in more than 20 countries. A.P. Moller Capital said Manuport would continue to operate under its existing brand and pursue its growth strategy within the Euroports group.
The acquisition is A.P. Moller Capital’s second investment in Europe following its investment in Spanish logistics company BERGÉ, and expands its exposure to port and transport infrastructure.
A.P. Moller Capital is part of the wider A.P. Moller Group but is separate from container shipping and logistics company A.P. Moller–Maersk.
