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.
DP World and Israel Shipyards sign cooperation agreement
Haifa, Israel (PortSEurope) September 16, 2020 – The UAE’s DP World and Israel Shipyards’ DoverTower subsidiary have signed an agreement to...
Greek government approves port privatisation plan update
Piraeus, Greece (PortSEurope) September 9, 2020 – The Government Council for Economic Policy (KYSOIP) authorized the approved by the Hellenic Republic...
Ukraine’s Chernomorsk port reviews activities
Chernomorsk, Ukraine (PortSEurope) August 28, 2020 – The port’s advisory body, which includes management and labour leaders, was joined by...
DEPA: Participation of Bulgartransgaz in the Alexandroupolis FSRU
The Greek company Gastrade signed an agreement for the acquisition of 20% of its share capital by the Bulgarian company Bulgartransgaz (BTG), operator of the...
DIF Capital Partners to acquire a stake in TTIA Container Terminal
DIF Capital Partners (DIF), through its DIF Core Infrastructure Fund I (CIF I), and French shipping giant CMA CGM, are pleased to announce that they have...
CMA CGM acquires 46% stake in Total Terminal Algeciras
Algeciras, Spain (PortSEurope) August 11, 2020 – CMA CGM, the French shipping company, has signed an agreement with HMM to acquire a 49% stake in Total...
MSC Cruises buys 50% stake in Palumbo Malta Shipyard
Geneva, Switzerland and Paola, Malta, 30 July 2020 – MSC Cruises and Palumbo Group today announced they have formed a joint venture to operate the Palumbo...
BDY Group acquires Russian Petgaz, Turkey’s largest capacity LPG terminal
Iskenderun, Turkey (PortSEurope) July 27, 2020 – Ankara-based BDY Group has acquired Russian Petgaz Corp which has Turkey’s largest storage capacity...
Ports of Genoa approves PSA and MSC acquisitions
Genoa, Italy (PortSEurope) July 23, 2020 – The management committee of Autorita’ di Sistema Portuale del Mar Ligure Occidentale (AdSP – Western...
Statement by Greek minister from the Alexandroupolis Port Authority
Statement by Minister of Ministry of Shipping and Island Policy, Giannis Plakiotakis, from the Alexandroupolis Port Authority – July 22, 2020...
Greek Minister of Shipping and Island Policy to visit Alexandroupolis port
The Minister of Shipping and Island Policy, Mr. Giannis Plakiotakis, will visit Alexandroupolis today- July 21, 2020 Plakiotakis will visit the port of...
Greece finally issues tender for privatisation of Alexandroupolis, Igoumenitsa & Kavala ports
Alexandroupolis, Greece (PortSEurope) July 20, 2020 -The Hellenic Republic Asset Development Fund (HRADF), the agency responsible for privatising Greek...
Government seeks to end chronic problems at Alexandroupolis port
Alexandroupolis, Greece (Ports Europe) July 14, 2020 – The Ministers of Finance Christos Staikouras, Infrastructure & Transport Costas Karamanlis and...
Fincantieri division acquires stake in Support Logistic Services
Trieste, Italy (Ports Europe) July 12, 2020 – INSIS, part of Fincantieri SpA, has acquired a majority share in Support Logistic Services (SLS), based in...
BlackSummit Financial Group interested in Kavala and Alexandroupolis ports
Athens, Greece (Ports Europe) July 12, 2020 – Both local and U.S. diplomatic sources have reported that U.S. investment fund Black Summit Financial Group...
Volga-Fleet JSC merges with North-Western Shipping Company
North-Western Shipping Company PJSC has merged into Volga Shipping Company JSC (run by Transport Assets Management LLC) with the procedure completed –...
Kavala port inches towards privatisation
Kavala, Greece (Ports Europe) July 1, 2020 – Aris Xenofos, President of the Hellenic Republic Asset Development Fund (HRADF), responsible for privatising...