TMEIC Acquires Orbita's Ports and Terminals Division

April 1, 2022

TMEIC Corporation Americas, via its subsidiary TMEIC Port Technologies, S.L., completed the acquisition of the Ports and Terminals Division of Orbita Ingeniería, S.L. on April 1, 2022. The deal transfers Orbita's port automation, gate/crane/rail systems and OCR capabilities to TMEIC to expand its port automation offerings and global market reach.

Buyers
TMEIC Corporation Americas, TMEIC Port Technologies, S.L.
Targets
Ports and Terminals Division of Orbita Ingeniería, S.L.
Sellers
Orbita Ingeniería, S.L.
Industry
Transportation
Location
Valencian Community, Spain
Transaction Type
Divestiture

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