November 04, 2024 [HES International]- HES International (“HES”), a leading European operator of seaport bulk terminals, today announced the completion of the sale of its Deschieter inland terminal in Belgium to TMF Operating, a prominent logistics operator headquartered in France. The terms of the sale remain undisclosed.

This divestiture aligns with HES’s strategy to strengthen its strategic infrastructure positions in the gateway seaports to Europe’s industrial hinterland.

“We extend our sincere gratitude to our dedicated team at Deschieter, not only for their outstanding contributions to HES but also for their support and collaboration throughout this transaction process” said Jeroen van der Neut, Chief Operating Officer at HES International.

TMF Operating’s acquisition of the Deschieter terminal marks an important milestone in its growth and development in the Belgian market. “We are thrilled to welcome Deschieter into the TMF family,” commented Arnaud de Chiree, President of TMF Operating. “This acquisition is an excellent strategic fit, further reinforcing our commitment to expanding our presence in inland Belgium and enhancing our logistics services for customers.”

As HES continues to sharpen its focus on the development and expansion of seaport terminals, the company remains committed to delivering exceptional service and strengthening its role as a leading operator within Europe’s port infrastructure sector.

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