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.
A1 Yacht Transport Consortium to manage Argostoli Marina
Athens, Greece (Ports Europe) June 17, 2024 – The Hellenic Republic Asset Development Fund (HRADF) has accepted an improved offer submitted by A1 Yacht...
Russia’s Suek sells port assets
Moscow, Russia (Ports Europe) June 17, 2024 – The Siberian Coal Energy Company (SUEK), the largest coal mining company in Russia, has sold all its port...
CTM buys 51% stake in Africa Morocco Links
Tanger Med, Morocco (Ports Europe) June 17, 2024 – Compagnie de Transports au Maroc (CTM) has acquired a 51% stake in Africa Morocco Links. Compagnie de...
Global Yatırım Holding seeks delisting of Global Ports Holding
London, United Kingdom (Ports Europe) June 17, 2024 – Last Friday, Global Yatırım Holding A.Ş (GIH) intends to seek delisting of Global Ports Holding...
Hamburg Parliament postpones HHLA-MSC decision
Hamburg, Germany (Ports Europe) June 12, 2024 – The budget committee of the Hamburg Parliament has postponed a decision on the controversial entry of MSC...
Hamburg Parliament to vote on HHLA – June 26
Hamburg, Germany (Ports Europe) June 10, 2024 – There remains significant opposition to MSC taking a 49.)% stake in Hamburger Hafen und Logistik AG...
U.S. and EU-sanctioned friend of Putin to buy Makhachkala port
Makhachkala, Russia (Ports Europe) June 8, 2024 – The U.S., UK and EU-sanctioned Suleyman Abusaidovich, Russia-based billionaire, oligarch, and...
Boluda Towage acquires Les Abeilles International
Le Havre, France (Ports Europe) June 5, 2024 – Spain’s Boluda Towage has acquired maritime rescue company Les Abeilles International. The latter...
Oil terminal in Aktau returned to the state
Aktau, Kazakhstan (Ports Europe) June 4, 2024 – An oil terminal worth $66 million with an area of 134 hectares (1.34 sq km), Kazakhstan’s Caspian...
Marcegaglia Group to buy the Ascometal site in Fos-sur-Mer
Marseille, France (Ports Europe) June 3, 2024 – The Chamber of Commerce of the Strasbourg Judicial Tribunal has ruled that the Marcegaglia Group can...
Eight parties interested in Port of Lavrio privatisation
Lavrio, Greece (Ports Europe) May 31, 2024 – The Hellenic Republic Asset Development Fund (HRADF)has said that eight parties have submitted an Expression...
Ignazio Messina acquisition of Terminal San Giorgio approved
Genoa, Italy (Ports Europe) May 29, 2024 – The Italian Competition Authority (Autorità garante della concorrenza e del mercato) has authorised Ignazio...
Boluda Towage to acquire SMS Towage Ltd of UK
Hull, UK (Ports Europe) May 26, 2024 – Boluda Towage has signed an agreement to acquire SMS Towage Ltd which is based in Hessle, Hull, UK. The...
Luka Ploce acquires New Concrete Technologies
Ploče, Croatia (Ports Europe) May 23, 2024 – Luka Ploče d.d. has announced the purchase of 100% of the shares in New Concrete Technologies d.o.o. The...
Montenegro’s Port of Budva moves into state ownership
Podgorica, Montenegro (Ports Europe) May 23, 2024 – The Public Agency for Coastal Zone Management has acquired the port of Budva from Dukley Marina....
Algeria creates new shipping company, Cnan El Djazair
Algiers, Algeria (Ports Europe) May 14, 2024 – The Algerian government has decided to merge the Cnan Nord and Cnan Med shipping companies to form...
Second attempt to lease Sochi port, Russia
Sochi, Russia (Ports Europe) May 13, 2024 – The entire port infrastructure of Russia’s Black Sea cruise and yacht Port of Sochi will be made again...
Trieste Marine Terminal acquires Adria Distripark
Trieste, Italy (Ports Europe) May 13, 2024 – With effect from May 1, 2024, Trieste Marine Terminal acquired Adria Distripark, its business unit which...
Port of Lavrio privatisation schedule to be extended
Lavrio, Greece (Ports Europe) May 7, 2024 – Last month, state agency HRADF announced the part-privatisation of the Lavrion Port Authority S.A. In an...
Grimaldi increases stake in Höegh Autoliners ASA
Naples, Italy (Ports Europe) May 2, 2024 – Naples-based Grimaldi has increased its stake in Norwegian Ro-Ro company Höegh Autoliners ASA to 5.12% of its...