PSA Baltics acquires 85% stake in Loconi

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Source: Loconi

PSA Baltics, a subsidiary of PSA International, is to acquire an 85% majority stake in Loconi International from Polish freight forwarder ATC Cargo

This strategic takeover aims to develop new rail products to support PSA’s European container hubs and promote a modal shift from road to rail.

The deal, still subject to regulatory approval, will bolster hinterland connections from the Baltic Hub Container Terminal in Gdansk, extending its reach into central and eastern Europe.

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