CTH Acquisition

EvoInfra acted as model auditor to Infracapital on their 66.67% stake acquisition in CTH, a Dutch inland port and rail terminal operator, from Bolk Container Transport and Nijhof-Wassink. Through this acquisition, Infracapital increases its stake in CTH to 100%, having already acquired 33.33% of the business via its acquisition of Multimodal Container Services B.V. (MCS) in 2021. CTH is being acquired via Infracapital’s Benelux inland container terminal platform, Inland Terminals Group (ITG).

CTH operates two strategically located inland terminals in the Netherlands which are located between the existing ITG catchment areas and offer direct services to the Port of Rotterdam, making this acquisition a highly complementary and synergistic addition to the ITG platform. In addition CTH operates a rail terminal in the Pernis area of the Port of Rotterdam, which offers services to rail operators across Europe.

Inland shipping and rail, which have significantly lower carbon footprints compared to trucking, are a resilient and growing segment in the Benelux logistics market. This is underpinned by strong political support for a shift away from road transport to ease road congestion and help achieve decarbonisation objectives. The enlarged ITG network incorporating the CTH terminals is well positioned to expand in line with this modal shift, with barging and rail expected to account for an increasing proportion of inland transport from Rotterdam in the future.