Mergers/Acquisition/Privatisation
Mergers/Acquisition/Privatisation describes the consolidation of companies or assets through various types of financial transactions, including mergers, acquisitions, state privatisation, consolidations, tender offers, purchase of assets, and management acquisitions. Also includes port privatisation and port concessions which include equity holdings.
Yilport takes full control of the Lisbon container terminal
Lisbon, Portugal (Ports Europe) January 10, 2022 – Turkish port and terminal operator Yilport has purchased the 16.34% share in Liscont Operadores de...
Kherson Sea Commercial Port under concessionaire ownership
Odessa, Ukraine (Ports Europe) January 3, 2022 – The ownership of Kherson Sea Commercial Port has been transferred to new concessionaires LLC...
“Russian tsar of Thessaloniki” now owns 71.85% of city’s port. Russia and China via proxies now control Greece’s second largest port
Thessaloniki, Greece (Ports Europe) December 24, 2021 – Thessaloniki Port Authority (ThPA) has reported that Belterra Investments Ltd., owned by a Russian...
Tanger Med and Tanger Med 2 to merge into one new legal entity
Tangier, Morocco (PortSEurope) December 19, 2021 – It has been agreed that Tanger Med Port Authority (TMPA) will merge with and acquire Tanger Med 2...
QTerminals to operate Antalya Port until 2047
Istanbul, Turkey (PortSEurope) December 17, 2021 – In October last year, QTerminals, a Qatari commercial port operating company, purchased Ortadoğu...
French shipbuilder Piriou acquires Romanian shipyard
Bucharest, Romania (PortSEurope) December 15, 2021 – Brittany-based French shipbuilder Chantiers Piriou has acquired ATG Shipyard on the Danube in...
HIG Capital moves towards acquisition of Noatum
Barcelona, Spain (PortSEurope) December 9, 2021 – The US fund HIG Capital, via its infrastructure investment vehicle, is favourite to acquire Noatum from...
Sanmar acquires third shipyard in Turkey.
Istanbul, Turkey (PortSEurope) December 8, 2021 – Tugboat builder Sanmar has announced that it has acquired a third shipyard in Turkey, in addition to...
CEY Group to take over Taşucu Port
Mersin, Turkey (PortSEurope) December 6, 2021 – With a bid of TL684 million, a CEY group joint venture has acquired a 40-year concession to operate...
S5 Agency World expands to become world’s leading port services company
Rotterdam, Netherlands (PortSEurope) December 3, 2021 – First Dutch has acquired the S5 Agency world shares of Marmedsa Noatum Maritime and Kanoo...
Greece launches the tender process for the marina of Pylos
Athens, Greece (PortSEurope) December 1, 2021 – The Hellenic Republic Asset Development Fund (HRADF) has launched an international tender process for the...
UK Competition & Markets Authority provisionally rules against Cargotec- Konecranes merge
London, United Kingdom (PortSEurope) November 26, 2021 – The UK’s Competition & Markets Authority (CMA) has provisionally found that the...
Greece announces timetable for port and marina privatisation
Athens, Greece (PortSEurope) November 24, 2021 – The Hellenic Republic Asset Development Fund (HRADF), responsible for privatising Greek state-owned...
Bulgaria’s BMF Port Burgas is to be sold
Burgas, Bulgaria (PortSEurope) November 17, 2021 – The concession for Burgas East-2 and Burgas West Black Sea ports, controlled by controversial Bulgarian...
HIG and Rhenus expected to further bid for Noatum
Madrid, Spain (PortSEurope) November 15, 2021 – U.S. investment fund HIG and German logistics operator Rhenus are set to submit bids to acquire Noatum...
Cargotec’s Kalmar and Konecranes’ Port Solutions – the new global leader in material handling solutions
Helsinki, Finland (PortSEurope) November 7, 2021 – By mid-2022, Konecranes and Cargotec will merge to create “a global leader in sustainable material...
Fincantieri has expressed interest in the restructuring of Greece’s Elefsis shipyards
Athens, Greece (PortSEurope) October 25, 2021 – The Italian shipbuilder Fincantieri SpA has expressed interest in joining an investment group to lead the...