A.P. Moller Capital has agreed to acquire Portek International, a Singapore-based cargo ports terminal operator and engineering business that operates a geographically diversified portfolio of multipurpose terminals serving local and international trade flows, from Mitsui & Co.
Portek has interests in seven port terminals across Africa, Asia and Europe — specifically in Algeria, Gabon, Indonesia, Latvia, Malta and Vietnam. Portek also provides port engineering and operations and maintenance services, principally from Singapore and Indonesia. Its terminals handle around 7 million tonnes of bulk cargo, 700,000 containers and around 90,000 vehicles each year.
A.P. Moller is acquiring the business through its A.P. Moller Capital – Emerging Markets Infrastructure Fund II, which closed at around $1 billion in 2024. The Emerging Markets Infrastructure Fund II will concentrate on upper-middle-market, low-carbon-intensity transport and renewable-energy investments in So
