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.
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...
Greek minister comments on COSCO and Piraeus port
Athens, Greece (PortSEurope) October 26, 2021 – Minister of Shipping and Island Policy, Giannis Plakiotakis, has described COSCO’s investment in...
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...
Chernomorsk set for the next PPP in the Ukrainian port sector
Chernomorsk, Ukraine (PortSEurope) October 25, 2021 – After successfully signing concession contracts for the ports of Kherson and Olvia, the Ministry of...
Ports of Barcelona and Tarragona invest in the Monzón Intermodal Terminal
Tarragona, Spain (PortSEurope) October 22, 2021 – The Port of Barcelona has acquired a 10% stake in the Monzón Intermodal Terminal (TIM), and the Port...
Ukraine’s Chornomorsk Port to boost its competitiveness with a PPP – EBRD and IFC assist
Chornomorsk, Ukraine (PortSEurope) October 22, 2021 – The European Bank for Reconstruction and Development (EBRD) and International Finance Corporation...
Russia to sell its 20% in port of Novorossiysk, the country’s largest by cargo turnover
Novorossiysk, Russia (PortSEurope) October 17, 2021 – The Black Sea port of Novorossiysk, Russia’s largest by cargo turnover, will be reinstated in the...
Rhenus takes over Belgian logistics company Wijnands Bulk Care
By taking over 80 percent of the Belgian logistics company Wijnands Bulk Care at the beginning of October 2021, Rhenus is expanding its activities in the...
Hupac takes over operations of Terminal Novara CIM
Combiconnect is the name of the Hupac Group company that will manage the operation of the Novara CIM terminal from 18.10.2021 – October 8, 2021 The...
Van den Bosch acquires TCS Trans in Barcelona
Barcelona, Spain (PortSEurope) October 8, 2021 – The Netherlands’ Van den Bosch has acquired TCS Trans, a Barcelona-based intermodal transport...
Greek state completes the transfer of the 16% stake of Piraeus Port Authority to COSCO SHIPPING (Hong Kong) Co., Limited
The Hellenic Republic Asset Development Fund (HRADF), a member of the HCAP Group, completed yesterday the transfer through Athens Stock Exchange of the 16%...
Yildirim considers CMA CGM share sale
Marseille, France (PortSEurope) October 6, 2021 – Last week, Lloyds List reported that Robert Yuksel Yildirim, President and CEO of Yildirim Group of...
Greek minister comments on COSCO’s increased stake in PPA
Giannis Plakiotakis: The agreement amending the contract with Piraeus Port Authority (PPA) also ensures the implementation of a large investment and the...
China International Marine Containers to acquire Maersk Container Industry
Copenhagen, Denmark (Ports Europe) September 29, 2021 – A.P. Moller – Maersk (Maersk) is to sell its reefer manufacturer, Maersk Container Industry...
Hapag-Lloyd invests in JadeWeserPort Wilhelmshaven
News Release – Hapag Lloyd – September 28, 2021 Hapag-Lloyd will acquire a 30% stake in Container Terminal Wilhelmshaven (CTW) and 50% of theshares...
Greece’s Kalamaria marina tender attracts six parties
Piraeus, Greece (Ports Europe) September 23, 2021 – The Greek authorities have announced that six parties have pre-qualified in the tender to manage and...