Merlin Buys Saba’s Stake In Cilsa For €50M

23 October 2015 – Expansión

The real estate company Merlin has paid €50 million for a 32% stake in Cilsa, the company that operates the ZAL (Logistics Activity Area or ‘Zona de Actividades Logísticas’) in the Port of Barcelona. The stake was previously held by Saba, which is divesting its logistics business to focus on its core car park activity.