Marsa Maroc and Boluda Corporacion Maritima conclude an agreement on an equity stake in Boluda Maritime Terminals

Madrid, December 15th, 2025

PRESS

RELEASE

• Marsa Maroc, Morocco's leading port operator, and Boluda Corporacion Maritima, the world's number one provider of maritime services with presence in the 5 continents and a key player within the global maritime logistics chain, announce a major partnership.
• The agreement, which was authorized by the Board of Directors of Marsa Maroc at its meeting held on November 19th, remains subject to the approval of the competent authorities, relates to the acquisition by Marsa Maroc International Logistics (MMIL), a wholly owned subsidiary of Marsa Maroc in charge of international development, of a 45% stake in the port operator Boluda Maritime Terminals (BMT), subsidiary of Boluda Corporacion Maritima.

Marsa Maroc and Boluda Corporacion Maritima announce the conclusion of an agreement about the acquisition of 45% of the share capital and voting rights of BMT for a total amount of EUR 80 million. This operation was authorized by Marsa Maroc's Board of Directors at its meeting held on November 19th, 2025 and remains subject to the approval of the competent authorities.

BMT is established across 9 ports located between the Iberian Peninsula and the Canary Islands. In 2024, its terminals handled a volume of more than 1 million TEUs, underscoring their key role in supporting cargo flows between the Peninsula and the Canary Archipelago.

This strategic partnership paves the way for strong synergies between Marsa Maroc and Boluda Corporacion Maritima, enabling them to combine their complementary capabilities and strengths in port terminal management. The two groups share a strong strategic alignment, driven by a common ambition to reinforce their positioning on the Morocco-Spain corridor, a major maritime axis linking both sides of the Strait, but also internationally, notably in Africa.

This partnership represents a key milestone for Marsa Maroc, which is now strengthening its presence on both sides of the Strait and reaffirming its regional positioning. With 34 terminals across 20 ports, Marsa Maroc is taking a significant step forward in the expansion of its geographical footprint. This agreement also underscores the company's ability to forge strategic alliances with leading global players.

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Madrid, December 15th, 2025

PRESS

RELEASE

Boluda Maritime Terminals delivers comprehensive port management and logistics services through 9 maritime terminals strategically located across Spain and the Canary Islands located in the ports of: Las Palmas, La Palma, Tenerife, Lanzarote, Fuerteventura, Seville, Vilagarcía, Cádiz (Concasa), and Santander.

From these hubs, the company offers its clients access to 11 maritime routes operated by its shipping division, Boluda Lines. These routes seamlessly connect the Iberian Peninsula with the Canary Islands, the Balearic Islands, Northern Europe, Italy, the West African coast, and Cape Verde.

With this extensive network, Boluda Maritime Terminals guarantees efficient logistics coverage and reinforces its international reach, consolidating its position as a key player in global maritime transport.

Marsa Maroc is an African port operator managing 25 terminals across 11 ports, handling more than 60 million tons of cargo annually.

Marsa Maroc reaffirms its position as a reference port operator, capable of delivering large-scale projects alongside world-class partners, as it continues to successfully implement its strategic plan, "Marsa 2030."

Press contact : medias@marsamaroc.co.ma

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