Cost
$1.4b
$1,360,000,000
Objective
"SEGT paid €232 million ($287 million) for the port, but the full benefit of the deal for Thessaloniki Port Authority SA (ThPA) will amount to €1.1 billion ($1.36 billion) as it also includes the consortium’s commitment to invest €180 million over the next seven years, capitalising on the port’s location as an export gate for the wider Balkan area." Description
"Thessaloniki Port Authority (ThPA) has reported that Belterra Investments Ltd. has acquired a further 489,332 shares in ThPA corresponding to 4.85% of total voting rights. Thessaloniki Port Authority (ThPA) was privatised in March 2018, and is operated by SEGT Ltd, a consortium, in turn, then (in 2018) owned by Germany’s Deutsche Invest Equity Partners (DIEP) 47%; France’s CMA CGM (Terminal Link) 33% and Savvidis Group (Cyprus-registered Belterra Investments) 20%."