ICON Infrastructure LLP acquired a 49% stake in Generale De Manutention Portuaire from DP World Limited (UNQ-ARE:DPW).

DP World PLC, formerly DP World Ltd, is a United Arab Emirates-based company engaged in the business of international marine terminal operations and development, logistics, and related services. Container handling is the Company’s core business and it operates through a network of terminals located across different continents. In addition to its marine terminal business, the Company operates: P&O Maritime, which owns and operates a fleet of vessels, providing logistics solutions to public and private sector customers; World Crane Services, which offers third party inspection services with respect to new building of container handling equipment, as well as on site inspection services for existing equipment; DP World Cargo Services, which offers a range of stevedoring services, including containers, bulk, general cargo, project cargoes, as well as car carries, reefer vessels and passenger vessel stores & baggage handling, and DP World Intermodal, which owns and operates container trains.