IMS takes over the majority of Intercontainer Ibèrica S.A.

With effect from 27 June 2013, the container operator IMS, takes over the majority of the Intercontainer Ibèrica S.A. and expands ist reach to Spain and Portugal.

The shares were taken from Intercontainer-Interfrigo s.a. (in liquidation).
The cooperation for development of Intercontainer Ibèrica SA Ibérica with the co-shareholder RENFE, which welcomes the acquisition of the equity of ICF by IMS, will continue unchanged.

"With this step, we come closer to our goal to be present as a full service provider across Europe", commented Wolfgang Tomassovich, CEO of IMS, the takeover.

Currently Intercontainer Ibèrica operates train connections within Spain and from Spain to Portugal and offers a wide range of ground-prone services in combined transport as well as in Spain nationwide local deliveries, customs clearance, etc.

"Despite the difficult economic environment, we expect with the acquisition synergies with our existing products," said Tomassovich further "an extension of the transports to France, Belgium and also in the Netherlands, Germany and Switzerland are reviewed at the moment."

Intercontainer Ibèrica, domiciled in Madrid, is since 1998 established in the Spanish and Portuguese market as a neutral container operator in the service of domestic and international carriers and transport intermediaries.
The core markets are continental and maritime traffic between the Iberian ports. In addition to the current products Intercontainer Ibèrica offer innovative new products, which are geared to the needs of customers.
In recent years, Intercontainer Ibérica has, in addition to the development of high-quality products, especially in the field of chemistry adapted to the market needs.

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