A.P. Moller Capital has signed a binding agreement to acquire a 51% stake in BERGÉ, a port infrastructure and logistics company of Bergé y Compañía, through a fund vehicle incubated by A.P. Moller Holding. This partnership aims to support the growth and development of BERGÉ to become the leading multipurpose port infrastructure company in Iberia and Latin America. Both partners have agreed to capitalize the company to invest in new opportunities in the coming years to enable the expansion of port activities in both Iberia and Latin America.
A.P. Moller Capital, through a fund vehicle incubated by A.P. Moller Holding, and Bergé y Compañía have announced that they have entered into a binding agreement to become a shareholder in BERGÉ with a 51% stake through a fund under management. Both partners are committed to driving the long-term growth of BERGÉ and have agreed significant future investments to strengthen its position as a leading ports infrastructure and logistics company in Iberia and Latin America and meet growing demand.
The partnership between A.P. Moller Capital and Bergé y Compañía will permit BERGÉ to expand further in its
growth trajectory with the added support of a strong partner like A.P. Moller Capital with deep experience in the wider logistics industry. BERGÉ will continue to grow in the multipurpose port sector in Iberia and Latin America and benefit from the combined industrial and financial expertise of both shareholders.
Under this agreement, the new non-executive chairman of BERGÉ will be Joe Nielsen, representing A.P. Moller
Capital. Jaime Gorbeña will be the non-executive vice-chairman, representing Bergé y Compañía, and Juan
Aguirre will continue in his role as CEO.
During the signing, Jaime Gorbeña, president of Bergé y Compañía, stated that “A.P. Moller Capital and
BERGÉ share values, a long tradition in logistics and transportation, but also a vision of the future of where the
sector is heading, where innovation, sustainability, and international expansion are the fundamental axes.”
For his part, Joe Nielsen, partner at A.P. Moller Capital, wanted to highlight, “A.P. Moller Capital is pleased to
be invited by Bergé y Compañía into the shareholding of BERGÉ. Bergé y Compañía and BERGÉ have a unique
history, experience and relations with customers and stakeholders across the port infrastructure and logistics
value chain in Iberia and Latin America. Furthermore, A.P. Moller Capital and Bergé y Compañía have an aligned vision to grow BERGÉ into a leading ports infrastructure company in Iberia and Latin America.”
The transaction is subject to approval by the relevant competition and regulatory authorities.