Chileans Buy Concessions in Puerto Caldera

The multinational logistics company SAAM acquired 51% of the two concessionaires of the port terminal in Caldera, Costa Rica, for $48 million.

Wednesday, September 28, 2016

From a statement issued by SAAM:

September 28, 2016. SAAM, a multinational company providing port services, tugs and logistics signed, through its subsidiary SAAM ports, an agreement to acquire from Sociedad Portuaria Regional de Buenaventura, control of the two concessions for Puerto Caldera, the largest terminal on the Pacific coast of Costa Rica and the second in terms of cargo handled in that country.

Once this transaction is finalised, SAAM will control 51% of Sociedad Portuaria de Caldera (SPC) and of Sociedad Portuaria Granelera de Caldera (SPGC), whose transfers total 4.9 million tons. The Chilean company will spend US $48.5 million for the aforementioned percentage of the share capital of both companies, which together recorded revenues of US $46.6 million in 2015. Before carrying out the transfer, the transaction must be certified by the regulatory bodies of Costa Rica.

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More on this topic

New Operator for Puerto Caldera

February 2017

Authorization has been given to the sale of 51% of the shares of the two concessionaires of the port terminal in Caldera to the multinational logistics company SAAM, for $48 million.

From a statement issued by from Incop:

The new shareholder is one of the largest operators worldwide of SAAM-Ports port and has extensive experience in handling bulk cargo and containerized cargo. 

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