HPH Spain unit invests in inland terminal companyHPH Spain unit invests in inland terminal company
Hutchison Port Holdings' Spanish unit Barcelona Europe South Terminal (BEST), has acquired a 20% stake in inland terminalcompany Depot tmZ Services.

Depot tmZ operates the Maritime Terminal of Zaragoza (TMZ), one of Spain’s most important inland terminals. Commenting on the acquisition, Guillermo Belcastro, General Manager of BEST, said: “TMZ is a perfect fit with BEST’s semi-automated container terminal in the Port of Barcelona. This new acquisition will help us provide comprehensive logistics solutions by developing our hinterland network throughout Spain and southern France.
“Zaragoza is strategically located mid-way between Barcelona and Madrid and within 300km of some of Spain’s most important industrial areas including Catalonia, Aragón, the Basque region and Valencia. Combining TMZ’s ability to transfer containers to all these destinations with BEST’s deep-sea shipping connections offers logistics solutions that are efficient, economical and environmentally sustainable,” he added.
In cooperation with other rail operators BEST has been working to increase the range and frequency of rail services including, since January 2015, a new direct daily connection to the Madrid area.
Following the acquisition, Depot tmZ Services in Zaragoza will be owned by BEST (20%), Terminal de Contenidors de Barcelona (45%) and TMZ (35%).
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