A.P. Moller Capital takes majority stake in port operator Euroports

A.P. Moller Capital has agreed, through a separately managed fund vehicle, to acquire a majority stake in Euroports Group, which runs more than 50 deep-sea and inland terminals across 10 European countries and China and handles over 70 million tonnes of cargo a year. Existing shareholders SFPIM and PMV will stay on, and management, governance and strategy remain unchanged. Terms were not disclosed.

Why it matters: It extends A.P. Moller Capital's European logistics infrastructure push after its BERGÉ Logistics deal, as investors keep hunting for hard assets tied to trade flows.