Independent journal on economy and transport policy
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the Turkish group Yildirim extends own net of harbour terminals to Portugal
Agreement in order to acquire the Tertir, that it manages seven terminal in Portugal, two in Spain and in Peru. The understanding includes the Mota-Engil Logística and the Transitex
September 30, 2015
Holding Yilport, society that constitutes the harbour division of the Turkish group Yildirim, has signed an agreement with the ingegneristico group and industrial Mota-Engil Portuguese and with the financial institution portuguese Novo Banco in order to buy the entire capital stock of the Tertir, society that manages ten harbour terminals, of which seven in Portugal, two in Spain and in Peru. Draft of eight container terminals that have a annual ability to traffic pairs to 2,7 million teu and to two loose terminals for goods and granaglie that have a total ability pairs to about 4,5 million tons.
The activities managed from Tertir in Portugal are the terminals Liscont-Operadores de Contentores and Sotagus (Terminal de Saint Contentores Apolónia) in the port of Lisbon, terminal TCL (Terminal de Contentores de Leixões) in the port of Leixões, the terminalista society Socarpor that has two concessions and work in all the terminals of the port of Aveiro, the terminals Sadoport and Tersado (Terminais Portuários gives to Sado) in the port of Setúbal and terminaliste activity operated by Liscon in the port of Figueira da Foz. In Spain the company manages the Ferrol Container Terminal (FCT) in the port of Ferrol and the Concasa terminal in the port of Huelva. In Peru the portuguese society is present through a participation pairs to 50% in the Terminales Portuarios Euroandinos that work in the port of Paita.
With the new acquisition the annual ability to traffic of the terminals of the Yilport Turk will go up to ten million teu in the field of the container and to 22 million tons in that of the solid bulk, while the ability in the segments of the liquid bulk and the rotabili will remain unchanged.
The agreement with Mota-Engil includes also the acquisition by Yilport of the branch logistic Mota-Engil Logística and house Transitex the shipment, that it has become participating of the portuguese group in 2007 and is present in Spain, Portugal and also in Italy with an office to Genoa. With this transaction, that it has a value of 275 million euros, the portuguese group Mota-Engil almost entirely yields its division of logistic-harbour services.
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