Delo Group is closing on sale of non-controlling share in Management Company “Delo”

Press release from Delo Group

Delo Group is closing on a sale of the non-controlling share in Management Company “Delo” to JSC “Atomenergoprom” (ROSATOM).

Delo Group is one of the largest transportation and logistics holdings in Russia with port assets in the Azov-Black Sea, Baltic and Far Eastern basins, as well as rail and multimodal operator of containerized cargo. The port assets of Delo Group are comprised of the stevedore holding DeloPorts, the multimodal transport operator Ruscon and the leading operator of Russian container terminals Global Ports.

On November 27, 2019, Delo-Center LLC, a part of Delo Group, won the auction on acquisition of 50% plus two shares of PJSC “TransContainer” – the largest container operator in Russia.

«Based on the assets and expertise of the companies, Delo Group and ROSATOM will further pursue the development of logistics business including multimodal and transit transportation» – said Sergey Shishkarev, President of Delo Group.

Date of publication: 3 Dec 2019

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