Grup TCB has announced their strategic alliance with Mitsubishi Corporation. This important agreement results, first, into the purchase by Mitsubishi Corporation and Kamigumi Corporation of the 25% of the share capital of Valencia’s Port Container Terminal (TCV Stevedoring Company, S.A.). This alliance with Mitsubishi Corporation is also a very significant jump for Grup TCB. On the one side, it raises great expectations for the development of their management activity and implementation of container terminals in Asia and Africa. This enables both companies to build immediate synergies in certain projects in these geographies or in other areas where Grup TCB is already present, such as Latin America and the Mediterranean. On the other hand, the agreement with Mitsubishi Corporation strengthens Grup TCB’s potential for funding new, more ambitious international projects that, by their nature, require large investments and more partners of recognized solvency and dimension. In this first cooperation, Mitsubishi Corporation and Kamigumi Corporation of Japan acquired a 25% of the TCV Stevedoring Company. The 75% majority remains in the control of Grup Maritim TCB. The purchase price has not been made public. Mitsubishi Corporation is a global integrated business enterprise that develops and operates businesses across virtually every industry including environmental and infrastructure business, industrial finance, energy, metals, machinery, chemicals, foods. MC's current activities are expanding far beyond its traditional trading operations as its diverse business ranges from natural resources development to investment in retail business, infrastructure, financial products and manufacturing of industrial goods. With more than 200 offices & subsidiaries in approximately 90 countries worldwide and a network of over 600 group companies, MC employs a multinational workforce of 65,975 people. MC regards container terminal business as a promising sector with high growth potential. The global strategic partnership with Grup Maritim TCB S.L. in container terminal business is expected to reinforce MC’s efforts to develop and invest in infrastructure business. Kamigumi Corporation, founded in 1947, provides port-harbor transportation services. The Company's services include port-harbor transport, warehousing, trucking, packing, and heavy cargo transport. Kamigumi also provides other services like real estate, insurance agency operations, sports clubs, and restaurant management. Kamigumi has terminal business experience through operating container terminals at Hanshin ports and Keihin ports as single operator in Japan, and also in Laem Chabang Port in Thailand since 1990. The Company employs 4,332 people. According to Xavier Soucheiron, the CEO of Grup Maritim TCB, “for our company, the relationship with MC is strategic not only because it will strengthen TCV activity, but mainly because we are focusing on new geographies where MC could help us to grow”.