Acquisition of West African cargo and port companies approved
The Commission has approved the acquisition of four ports and logistics sector companies in West Africa by APMC (for Africa Infrastructure Fund I K/S, a Danish limited partnership).
Those four companies are Gabon Special Economic Zone Ports S.A. (Gabon), Gabon Special Economic Zone Mineral Port S.A. (Gabon), Arise Mauritania S.A. (Mauritania), and Terminal Industriel Polyvalent de San Pedro S.A (Ivory Coast).
The Commission found there were no competition concerns because of the limited impact on the market of this acquisition.
View the Commission’s press release here.