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20 September 2018 The on-line newspaper devoted to the world of transports 18:09 GMT+2



September 19, 2017

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Original news
Maritime DP World will buy Dubay City and Drydocks
World
Both the transactions will be capacities to term within the first trimester of the next
year
the terminalista group DP World of Dubay has signed agreements in order to buy Maritime the industrial and commercial pole Dubay City (DMC), that it is specialized in the marine field and it occupies an area of 2,3 million square metres, and the society of naval repairs Drydocks World. The total investment will pile to 405 million dollars, of which 180 million for the acquisition of the DMC and 225 million dollars like contribution of capital in Drydocks.

Second the forecasts, both the transactions will be capacities to term within the first trimester of the next year.

DP World has evidenced that the acquisitions will strengthen the presence of the group in the marine field and that, in particular, Drydocks will be able to realize synergies with Maritime P&O, the company of navigation of the group that work a fleet of specialistic ships that includes tugs and other units for the development of technical-nautical services and the transport goods.

ABB Marine Solutions
Consorzio ZAI



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