PD Ports is welcoming a new shareholder. Pontegadea Inversiones, the Spanish investment firm best known for its ties to global fashion retailer Inditex, has agreed to acquire a 49% stake.
The companies stated that they consider the settlement preferable to continued litigation. No financial terms or additional details of the agreement were disclosed.
A joint venture of CE Industries and Auctor Holding has entered OT Logistics through DD Rail Properties, which acquired 49.99% of the Polish port and logistics group.