Boluda Corporación Marítima has entered into a strategic partnership with Marsa Maroc, under which Marsa Maroc’s subsidiary, Marsa Maroc International Logistics (MMIL), will acquire a 45% stake in Boluda Maritime Terminals (BMT). The transaction is valued at €80 million. Boluda was advised on the transaction by Banca March and CMS.
Boluda will continue to lead and manage the business and retain decision-making authority, ensuring continuity in operations. Marsa Maroc will bring its operational experience and commercial expertise, with the aim of developing synergies and supporting regional growth.
Boluda Maritime Terminals provides integrated port management and logistics services through nine terminals located at strategic sites in Spain and the Canary Islands. In 2024, its facilities handled more than one million TEUs, reinforcing its strategic role in freight traffic between the Iberian Peninsula and the Canary Islands.
The strategic alliance between Marsa Maroc and Boluda Corporación Marítima is expected to generate significant synergies by combining their complementary capabilities in port terminal operations. The two groups share a strong strategic alignment, driven by a common ambition to strengthen their positioning along the Morocco-Spain corridor, a key maritime route linking both sides of the Strait.
This alliance represents a key milestone for BMT and Marsa Maroc, strengthening their presence on both sides of the Strait and reaffirming their regional positioning. Together, they will operate a total of 34 terminals across 20 ports in the Iberian Peninsula, the Canary Islands and Africa, marking a significant step forward in their expansion.
