The owner and operator of Port of Middlesbrough has acquired dry bulk business Cobra Middlesbrough as part of its strategic investment and expansion plans.
AV Dawson’s deal will see Port of Middlesbrough’s footprint grow by eight acres, which it says will unlock further opportunities on what was previously a 100-acre site. Cobra operates a dry bulk handling terminal with processing and packing facilities, with its main area of focus on the salt market, which sees it distribute thousands of tonnes of salt every year.
Much of the salt stored at the facility has been mined locally and while some is used in animal feeds, the majority is distributed to councils across the country for gritting roads during the winter.
