Grup TCB signs the purchase of the Terminal Polivalente de Castellón
Grup TCB, a leading company in the design and management of port terminals, has signed the definitive acquisition of the Terminal Polivalente de Castellón, S.A. (TPC)after the competent authorities, including the Port Authority of Castellón, have agreed to the purchase, the company said in its press release.
Grup TCB has appointed Victor Muñoz as CEO of the new company. Muñoz, a captain of the Spanish Merchant Navy with a doctorate in nautical engineering from the UPC (Polytechnic University of Catalonia), has a long history within the organization. In his 21 years at Grup TCB, he has led several projects, including the implementation of the Paranaguá Terminal (assistant to general management between 2000 and 2002), director of operations at Grup TCB between 2007 and 2009 and CEO of TCBuen (Colombia) between 2010 and 2014. “We came to Castellón with the aim of enhancing the growth prospects of the terminal thanks to a strong commitment to its competitiveness,” he states.
Grup TCB agreed the operation last April with the owners of the terminal, after completing negotiations with the majority shareholder, Globalvia. With this acquisition, the company consolidates its leadership on the Mediterranean coast, where it owns the maritime and railway terminals of Barcelona and Valencia.
TPC handles about 80% of all TEUs processed in the Port of Castellón and is an important export platform for the region. Under Globalvia’s management, the terminal has recently achieved the ISO 9001 quality certificate and in 2014 increased its container traffic by 5%, reaching 162,000 movements. It has a 970-metre berthing line, a maximum depth of 14 metres, modern facilities and direct rail access to ensure quick inland connection.