Genesee & Wyoming to acquire Pentalver Transport, expand UK intermodal logistics
Pentalver operates off-dock container terminals strategically placed at each of the four major seaports in the UK.
Genesee & Wyoming Inc. (G&W), Darien, Conn., and its subsidiary, GWI UK Acquisition Co. Ltd., entered into an agreement with a subsidiary of APM Terminals (a subsidiary of A P Møller-Maersk A/S) to purchase Pentalver Transport Ltd. for approximately $110 million. The transaction is expected to close in the first quarter of 2017.
Headquartered in Southampton, UK, Pentalver operates off-dock container terminals strategically placed at each of the four major seaports of Felixstowe, Southampton, London Gateway and Tilbury, as well as an inland terminal located at Cannock in the UK Midlands, near many of the nation’s largest distribution centers. In addition to providing storage for loaded and empty containers on over 100 acres of land, Pentalver operates a trucking haulage service with more than 150 trucks, providing daily service between the seaports of Felixstowe and Southampton and its inland terminal at Cannock. Pentalver also provides services related to container maintenance and repair, including refrigerated containers.