Dubai's DP World buys stake in Swiss container terminal operator - Arabianbusiness:
DP World and Swissterminal Holding, the container terminal operator in Switzerland, have announced a strategic partnership.
DP World said it has taken a stake of 44 percent in Swissterminal Holding with the Mayer family, who founded the business, remaining the majority shareholder.
The parties have agreed not to disclose financial details of the transaction, a statement said.
Swissterminal, which is headquartered in Frenkendorf close to Basel, operates additional locations in Zurich-Niederglatt, Basel-Birsfelden, Basel-Kleinhueningen and Liestal.
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