On December 2, 2024, the transaction for the acquisition of a majority stake in Gdynia-based Loconi Intermodal S.A. by the global group PSA International Pte Ltd was officially finalized, after obtaining the necessary regulatory approvals. The preliminary agreement was signed earlier this year.
The buyer of the shares is PSA Baltics N.V., a company within the PSA International Group, a global port operator whose portfolio currently includes over 60 deep-sea, rail, and inland terminals worldwide, including flagship ports in Singapore and Belgium.
Ownership Structure of Loconi After the Transaction
PSA has acquired an 85% stake in the Loconi Intermodal Group. The remaining 15% remains with ATC CARGO S.A.
A Milestone in Loconi’s History
Joining the PSA International Group marks a significant milestone and presents a tremendous opportunity for Loconi to accelerate its development plans. The company’s priorities include further investments in terminal infrastructure and technological innovations, expanding the current range of transport services, and the continued development of new, regular connections from Polish and international ports.
“Joining the PSA Group will enable us to offer even more intermodal solutions tailored to the needs of the transport market. These solutions include supporting customers in the green transformation of transport and further improving intermodality rates in Poland and Europe,” said Lidia Dziewierska, CEO of Loconi Intermodal S.A.
“The transport market, particularly intermodal transport, operates as a network of interconnections and dependencies. Only through mutual cooperation and a deep understanding of these relationships can we build sustainable and stable supply chains. I am confident that PSA is the perfect partner to further develop intermodal transport, fostering collaboration, sustainability, and innovation. An exciting journey lies ahead, with promising prospects for dynamic growth”, added Lidia Dziewierska.
A Key Element of PSA International’s Strategy
One of the core pillars of PSA’s “Nodes to Network” strategy is the support land-based transport ecosystems to provide customers with comprehensive solutions. Intermodal transport perfectly complements PSA’s terminal and port operations, facilitating the development of seamless, stable, and sustainable transport solutions.
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About Loconi Intermodal
Loconi Intermodal S.A. is one of Poland’s largest intermodal operators, specializing in creating alternatives to road transport and in scheduled intermodal freight services from port terminals.
Currently, Loconi handles 300,000 TEUs annually and operates an average of 250 trains per month to and from Polish ports on six major routes. The company also offers international transport services to most EU countries. Loconi currently operates at nine inland intermodal terminals, including two owned terminals in Warsaw and Radomsko.
About PSA International
PSA International is a leading global port operator headquartered in Singapore. Its portfolio includes over 60 deep-sea, rail, and inland terminals worldwide. The group operates in 45 countries and nearly 180 locations.
