Marine terminal operator Carrix is strengthening its presence in North America with the acquisition of Ceres Terminals from Macquarie Infrastructure Partners III.

Carrix has invested an undisclosed sum to buy Ceres from the Macquarie Asset Management-managed Americas infrastructure fund.

The deal does not include the sale of Ceres Terminals Jacksonville, which will remain under Macquarie’s ownership.

Ceres, founded in 1958, operates in 18 locations throughout North America, including California, Houston, Montreal, Vancouver, BC and throughout the US Atlantic and Gulf coast regions. 

Founded in 1949, Carrix, together with its subsidiary SSA Marine and its affiliates, have operations at over 250 port and rail locations worldwide, including 18 container terminals in Long Beach, Oakland, Seattle, Tacoma, Jacksonville, Panama, Mexico, Chile, Colombia and Vietnam. SSA Marine also operates cruise, auto and other conventional terminals throughout the US and Canada.

Uffe Ostergaard, the president and CEO of Carrix, said: “We are excited to expand SSA Marine’s footprint further into the rapidly growing Atlantic and Gulf Coast regions of the US.

“Ceres has built an attractive portfolio of container, cruise, and general cargo operations and customer relationships which will enable us to serve our combined customers in more locations with more services.”

To read the latest edition of IPE Real Assets magazine click here.