Associated British Ports (ABP) has completed the acquisition ..."> Associated British Ports (ABP) has completed the acquisition ...">

ABP acquires W.E. Dowds shipping

ABPAssociated British Ports (ABP) has completed the acquisition of W.E. Dowds (Shipping) Ltd for an undisclosed sum.

Established in 1960, Dowds is a UK-based family-owned port operations businesses. The company operates a total of 10 separate warehouses with a combined area of over 50,000 sq m based at ABP Newport, South Wales.

James Cooper, Chief Executive of ABP, said: “ABPs acquisition of W.E. Dowds follows our long-established partnership with the Company at the Port of Newport.

"The deal builds on Dowds excellent track record serving the UK steel market, enabling the business to continue to grow by providing first class customer service.

"As such, the transaction will also help secure further growth and success for the Port of Newport for many years to come."

Charles Dowds, Managing Director of W.E. Dowds, said: "We have been pleased to work with ABP and its predecessor for over 50 years. Throughout that time ABP has demonstrated a strong commitment to the success of Dowds and the Port of Newport. The £4 million investment in the reconstruction of the Shed 5 facility is the most recent example.

“ABPs acquisition of Dowds demonstrates that their commitment to investment continues. We look forward to our future within the ABP family, which gives us an even more powerful platform to drive further growth."

Image source: ABP

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