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20/09/2022

Port Of Middlesborough Acquires Dry Bulk Business

AV Dawson, owner and operator of Port of Middlesbrough has acquired the dry bulk business, Cobra Middlesbrough, as part of its strategic investment and expansion plans.

The acquisition will see Port of Middlesbrough’s footprint grow by eight acres, unlocking further opportunities on what was previously a 100-acre site.

Cobra, based on North Road in Middlesbrough, operates a dry bulk handling terminal with processing and packing facilities. The company's main area of focus and expertise is in the salt market, handling and distributing thousands of tonnes of salt every year.

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Much of the salt stored at the facility has been mined locally. Some of the salt is used in animal feeds, but the majority is distributed to councils across the country for gritting roads during the winter.

Cobra also provides a range of services for the farming industry. The business receives, screens and bags polyhalite – which, like salt, is mined. This is then used as a fertiliser in the agriculture sector in the UK and overseas.

The Cobra site, which is directly adjacent to Port of Middlesbrough, boasts extensive rail infrastructure and has direct access to the East Coast Mainline.

This acquisition is not the first time AV Dawson has made a strategic investment to improve its rail infrastructure. In 2015, the business struck a deal with Network Rail to take full control of the seven-acre neighbouring Middlesbrough Goods Yard.

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