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As part of the TCB transaction, APM Terminals acquired the Terminal de Contenedores Quetzal (TCQ) in Guatemala.
An investigation revealed irregularities dating back to before APM Terminals acquired the terminal, and APM Terminals has cooperated fully with the local authorities in clarifying and settling these.
In 2016 APM Terminals acquired eight out of 11 terminals from the TCB port and rail interests.
The acquisition added a combined two million in TEU equity-weighted volume to APM Terminals, expanding the network to 73 operating ports in 69 countries.