The transaction involved Port of Tilbury’s 25-year partnership with Tarmac to build the UK’s largest construction materials aggregates terminal.
The long-term agreement follows a £250 million pound investment made by Forth Ports at Tilbury2, the UK’s newest port. The facility is a purpose-built aggregate processing and manufacturing facility, strategically located to serve London and the South East, with multimodal connectivity.
The joint development with Tarmac, the UK’s leading sustainable construction solutions business, will use the very latest technology and be capable of discharging the world’s largest deep-sea vessels. The riverside location combined with a dedicated railhead means efficient delivery of construction materials into Central London without the use of heavy road haulage, supporting Tarmac’s commitment to reducing emissions and creating a safer environment for other road users.
Judith Pike (Picture) and Jules Harbage led the Walker Morris team with support from Kathryn Brook, Jake Smith and Sam Parkinson.
Law Firms: Walker Morris;
Clients: Port of Tilbury London;