AmericasPorts and Logistics
Goldman Sachs fund buys into Colombian port operator
An investment fund administered by Goldman Sachs has paid Grupo Argos $136m to take a 50% stake in a Colombian port operator.
Compania de Puertos Asociados, known as Compas, moves principally coal and cement. With two port terminals in Cartagena, one in Buenaventura, one in Barranquilla, one in Tolú and two more in Panama and Houston Compas is the only Colombian port organisation that is operating in both the Atlantic and the Pacific.