A. P. Moller Capital to acquire Portek International from Mitsui & Co

A. P. Moller Capital has reached an agreement to acquire 100% of Singapore-based Portek International from the Japanese trading company Mitsui & Co. The financial terms of the transaction have not been disclosed.

Portek International operates in six countries, holding interests in seven terminals across Algeria, Gabon, Indonesia, Latvia, Malta, and Vietnam. The company provides port engineering, operations, and maintenance services, employing approximately 1,400 people. Its facilities handle an annual volume of roughly 700,000 containers, 7 million tonnes of bulk cargo, and 90,000 vehicles.

In Africa, Portek’s footprint includes the Bejaia Mediterranean Terminal in Algeria and facilities in Owendo and Port-Gentil, Gabon. The acquisition is intended to strengthen operational performance and reduce emissions, aligning with A. P. Moller Capital’s active ownership strategy. The deal remains subject to customary closing conditions and regulatory approvals.