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Amports announces acquisition of Horizon Terminals

16th December 2020
in News, Shipping & Port

Note* - All images used are for editorial and illustrative purposes only and may not originate from the original news provider or associated company.

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AMPORTS, Inc. announced that it has acquired a 100% equity interest in Horizon Terminal Services, LLC, an award-winning marine terminal operator with operations in Jacksonville and Port Everglades, Florida, and Freeport, Texas, from Höegh Autoliners, Inc B.V.

Based in Jacksonville, Florida, Horizon is a private marine terminal operator that provides customers with a variety of professional and value-added services, including vehicle and equipment processing, warehousing, long- and short-term storage, efficient waterways, road and railroad access, and Foreign-Trade Zones. Notably, Horizon is equipped to manage a variety of cargoes, including high and heavy, static, breakbulk and project cargoes, as well as factory-new and previously-owned vehicles.

“We are delighted to welcome Horizon to the AMPORTS family,” said Steve Taylor, AMPORTS’ Chief Executive Officer. “Working in partnership with the experienced team at Horizon, we look forward to further expanding and enhancing our award-winning operations, strengthening our competitive position in the marketplace and, above all, building on our commitment to safety, quality, operational excellence and customer satisfaction.”

Andreas Enger, Chief Executive Officer of Höegh Autoliners, commented: “As we simplify and consolidate our services around port-to-port ocean transport, we sought a new owner for our land-based terminals in the US that could invest and grow the business for the benefit of our customers and employees. In all areas, AMPORTS emerged as the ideal partnernew owner, bringing its leading market position and strong long-term industry relationships to Horizon.”

Founded in 1995, AMPORTS is a vital link in the global automotive supply chain for many of the world’s largest automotive original equipment manufacturers, operating from strategically located facilities in the United States and Mexico on major coastal zones that provide superior access to land transport links and distribution networks in close proximity to major population centers.

With the addition of Horizon, AMPORTS further expands its network of seven port marine facilities in Florida, California, Texas, Maryland and Mexico., and one inland rail-head facility in Mexico. AMPORTS, which directly owns approximately 50% of its land portfolio, provides customers with seamless logistical and portside services in vehicle processing, rail loading and unloading, inspection, storage, accessory installations, and customizations, repairs, and regulatory homologation services.

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