Agribusiness and trading company Nidera has fully acquired the USA/USC Terminal in the port of Constanta, Romania. With the full ownership Nidera secures its position in this strategic port at the Black Sea.
Throughout the past years Nidera has already been making use of this terminal for the export of various grains and oilseeds. However, with an ever increasing market share as a result of improvements in our origination programme, full ownership of such a terminal in the port of Constanta is essential for the realisation of our growth strategy in this region.
The terminal is a welcome addition to the two currently owned inland silos and the two planned silos in Romania. This new network of facilities will allow us to further increase our origination capacity and optimize our logistics. The current USA/USC Terminal is known to be the most efficient in the port of Constanta.
Marc Kwakkelstein, Executive Vice President Europe of Nidera says the acquisition fits in perfectly with their growth strategy aswell as an opportunity to establish itself in Central and Eastern Europe.