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2026-11-02T09:00:00.000Z

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Spain Holds Up Marsa Deal

Spain Holds Up Marsa Deal

The deal for Marsa Maroc to acquire a 45% stake in the port terminals arm of Spain’s Boluda for €80 million remains on hold, more than ten months after it was announced, pending Spanish approval. The transaction, which covers a network of nine terminals that handled more than one million TEUs in 2024, is undergoing a foreign investment review involving security agencies. The review comes amid concerns about the investor’s ties to the Moroccan state and the sensitivity of ports, particularly in the Canary Islands. No final decision to approve or reject the deal has been issued. Boluda says it will retain a majority stake, along with management control and strategic decision-making.

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