ACM clears acquisition of container terminal of APM Terminals by ECT’s parent companyChristian Fernsby ▼ | October 19, 2020
The Netherlands Authority for Consumer and Markets (ACM) has cleared Hutchison Ports Netherlands, parent company of container terminal operator ECT, to acquire container terminal APM Terminals Rotterdam.
ECT APM Terminals
As a result of the acquisition, APM Terminals Rotterdam will become a part of the group to which ECT also belongs. ECT owns the ECT Delta terminal and the ECT Euromax terminal.
After the sale of this container terminal, APM Terminals will remain active in the Port of Rotterdam, as it also owns a terminal on Maasvlakte 2. The third terminal-services company in the Port of Rotterdam is Rotterdam World Gateway, which owns a large container terminal on Maasvlakte 2.
In its investigation, ACM primarily looked at competition between terminal services for containers that are directly shipped to destinations elsewhere in Europe. Many containers are shipped from the Port of Rotterdam to destinations in, for example, Belgium, Germany, and France, either by trucks, trains, or barges.
ACM’s investigation reveals that the market share of the group to which ECT belongs will increase only slightly as a result of the acquisition. That is why there are no significant consequences for competition. ■