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.
Minister of Shipping and Island Policy visits the port of Heraklion
Heraklion, Greece (Ports Europe) April 12, 2021 -The Heraklion Port Authority was visited on Friday 9 April 2021, by the Minister of Shipping and Island Policy...
Grupo Contenosa, another important acquisition by the fast-growing Scan Global Logistics Group
April 9, 2021, Scan Global Logistics Group (SGL Group) signed a definitive agreement to acquire Grupo Contenosa, a Spanish family-owned logistics service...
Greece launches tender process for the development of the port of Heraklion, Crete
The Hellenic Republic Asset Development Fund (HRADF) is launching an international public tender for the development of the port of Heraklion, Crete, within...
HRADF pre-qualifies interested parties for the next phase of the tenders of Alexandroupolis and Kavala ports
News Release – Hellenic Republic Asset Development Fund (HRADF) – March 30, 2021 The Board of Directors of the Hellenic Republic Asset Development...
Cargotec sells Navis business to technology investment firm Accel-KKR for an enterprise value of EUR 380 million
Cargotec Corporation has signed an agreement to sell its Navis business to Accel-KKR, a Silicon Valley-based leading technology-focused investment firm for an...
Ukraine government discusses public-private partnership for Izmail Sea Commercial Port
Odessa, Ukraine (Ports Europe) March 24, 2021 – Yesterday, various officials me with Minister of Infrastructure Vladislav Krykliy to discuss the proposed...
F2i completes acquisition of MarterNeri
Venice, Italy (Ports Europe) March 19, 2021 – F2i Holding Portuale (Fph) has concluded the acquisition of MarterNeri and appointed the new CEO of Fph,...
Turkish Competition Authority prohibits acquisition by Terminal Investment Limited SÃ rl of Marport
Istanbul, Turkey (Ports Europe) March 19, 2021 – The Turkish Competition Authority (Rekabet Kurumu) has ruled against the proposed acquisition...
Makhachkala port to be privatised
Makhachkala, Russia (Ports Europe) March 16, 2021 – Makhachkala Sea Commercial Port JSC, on Russia’s west Caspian Sea coast may be offered for...
EBRD & IFC to fund work on the Chernomorsk port ferry concession project
Representatives of the European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) have agreed to fund the...
Ukraine open for the implementation of joint concession projects in the maritime sector with Denmark
Kiev, Ukraine (Ports Europe) March 9, 2021 – Minister of Infrastructure of Ukraine Vladyslav Krykliy met with the Ambassador Extraordinary and...
Cavotec to refocus business of ports and maritime sector
Lugano, Switzerland (Ports Europe) March 8, 2021 – Cavotec, a global engineering group, headquartered in Lugano, is to divest its airports business and...
CMA CGM to operate the Port of Tripoli, strengthening its Mediterranean position
Tripoli, Lebanon (Ports Europe) March 3 – The French shipping and logistics powerhouse CMA CGM Group has said that it acquired all shares of Gulftainer...
CMA CGM acquires TTI Algeciras strengthening its position in the Strait of Gibraltar
Marseille, France (Ports Europe) March 2, 2021 – The French shipping and logistics powerhouse CMA CGM Group said that its CMA Terminals subsidiary has...
Bulgaria: Pre-election rush for port concessions at heavily discounted prices
Varna, Bulgaria (Ports Europe) February 19, 2021 – Eight concessions for large and smaller ports in Bulgaria are to be announced in 2021, according to a new...
Greece launches the tender process for the concession of the marina of Kalamaria, Thessaloniki – January 21, 2021
The Hellenic Republic Asset Development Fund (HRADF) has launched an international public competitive tender process for the concession the marina of Kalamaria...
Ports of Antwerp and Zeebrugge to merge
Antwerp, Belgium (PortSEurope) February 15, 2021 – The City of Antwerp and the City of Bruges have announced that their respective ports will merge into...
U.S. ambassador to Greece sees investment in local ports
Piraeus, Greece (PortSEurope) February 12, 2021 – Speaking at a 2021 New Year’s Reception, U.S. Ambassador to Greece, Geoffrey R. Pyatt, said that...
Who wants what in Greek ports’ privatisation
Athens, Greece (PortSEurope) February 8, 2020 – Greece’s ports are becoming a geopolitical and financial playground that has drawn interest from all...
OKKO Group to acquire Kherson crude oil transshipment terminal
Kherson, Ukraine (PortSEurope) February 8, 2021 – The OKKO Group has bought the Kherson crude oil transshipment terminal and plans to invest up to US$3...