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.
Thessaloniki port-based Gigilinis Shipping signs Italian partnership
Thessaloniki, Greece (PortSEurope) December 6, 2017 – Three leading Italian shipowners, Rimorchiatori Mediterranei, Gesmar and Fratelli Neri, have signed...
Trabzonport to list 30% of the company in IPO in early 2018
Trabzon, Turkey (PortSEurope) December 5, 2017 – According to a statement made by Trabzonport, an agreement with Deniz Investment was signed for the...
Sale of 67% of Thessaloniki Port Authority to be signed Dec 15, 2017
Thessaloniki, Greece (PortSEurope) November 25, 2017 – Sotiris Theophanis has said that the agreement for the sale of a 67% holding in the Thessaloniki...
Deutsche Bank to acquire 35% stake in Italy’s Rimorchiatori Mediterranei
Genoa, Italy (PortSEurope) November 24, 2017 – Deutsche Bank has signed an agreement to acquire a 35% stake in the capital of Italian tugboat...
Yilport criticizes lack of investment of Tertir’s previous owners
Tertir, Portugal (PortSEurope) November 23, 2017 – Yilport, part of Turkey’s Yildirim Group, and owner of the Tertir port operations that once...
Greece launches tender procedures for privatisation of Alimos and Chios marinas
Piraeus, Greece (PortSEurope) November 21, 2017 – The Hellenic Republic Asset Development Fund (HRADF) has issued two separate international public...
Spain’s Intersagunto Terminales to exit Sagep capital
Sagunto, Spain (PortSEurope) November 16, 2017 – Intersagunto Terminales S.A., a concessionary firm for loading and unloading in the multipurpose terminal of...
Fincantieri seeks to delist Vard
Trieste, Italy (PortSEurope) November 13, 2017 – Fincantieri O&G, a subsidiary of Fincantieri S.p.A. plans to privatise the Singapore-listed Vard...
Noatum Maritime acquires terminals from Noatum Ports
Valencia, Spain (PortSEurope) October 31, 2017 – Noatum Maritime has acquired a portfolio of multi-purpose, Ro-Ro and bulk terminals from Noatum Ports....
Ruscon acquires container terminal in Novorossiysk
Novorossiysk, Russia (PortSEurope) October 31, 2017 – Ruscon, one of the Russia’s leading container transportation companies, has purchased the...
Sojitz Corp purchases Mugardos LNG terminal near Ferrol port
Ferrol, Spain (PortSEurope) October 30, 2107 – Japan’s Sojitz Corporation has acquired full ownership of First State Regasificadora S.L.U. (FSR),...
Thessaloniki Port privatisation sent to Court of Auditors for approval
Thessaloniki, Greece (PortSEurope) October 29, 2017 – The file of the preferred investor for the privatisation of the Thessaloniki Port Authority S.A....
Attica to acquire HSW shares from Grimaldi
Piraeus, Greece (PortSEurope) October 29, 2017 – Attica Holdings, a subsidiary of Marfin Investment Group (MIG), agreed to the acquisition of 48.53% of...
Spain’s Carbón Puerto merges two concessions at Seville port
Seville, Spain (PortSEurope) October 25, 2017 – Seville port authority (Autoridad Portuaria de Sevilla) approved the unification of the two...
Spain’s Acciona agrees to sell Trasmediterránea to Naviera Armas
Madrid, Spain (PortSEurope) October 25, 2017 – Spanish company Acciona S.A. has said it signed an agreement for the sale of a 92.71% stake in ferry...
Noatum Ports sells 45% stake in OPCSA to MSC subsidiary
Las Palmas, Spain (PortSEurope) October 19, 2017 – Spanish company Noatum Ports announced the sale of its 45% stake in the capital of Operaciones Portuarias...
Boluda acquires Tenerife container terminal operator Capsa
Tenerife, Spain (Ports Europe) October 11, 2017 – Spanish company Boluda Corporación Marítima has acquired Compañía Auxiliar del Puerto (Capsa), an...