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Billionaire Ortega buys stake in UK's PD Ports from Brookfield
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Billionaire Ortega buys stake in UK's PD Ports from Brookfield
Jul 22, 2025 11:24 PM

July 22 (Reuters) - Zara founder Amancio Ortega's

investment vehicle Pontegadea Inversiones has agreed to acquire

a 49% stake in PD Ports from Brookfield Asset Management ( BAM )

, the British ports and logistics company said on

Tuesday.

Brookfield will remain invested in the business as a

long-term shareholder, PD Ports said without disclosing the

terms of the deal.

PD Ports operates across 11 locations in the UK, including

Teesport and Hartlepool.

PD Ports and Brookfield did not immediately respond to

Reuters requests for further details on the sale.

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