After the green light from the Italian Data Protection Authority, Competition and Market, today the sale of Terminal Darsena Toscana (TDT), which manages the homonymous container terminal in the port of Livorno, to the shipping group Grimaldi, which will hold 80% of the company's capital terminal operator through Grimaldi Euromed and 20% through Grimaldi Deep Sea.

Prior to the sale, the capital was controlled by the Infracapital, the infrastructure investment arm of M&G Plc, and InfraVia, an independent French capital company private sector, which held 52.5% and 52.5% of the total stakes respectively. 42.5%, while the remaining 5% was in the hands of the Group holding company Port Investments (GIP) of the entrepreneur's family Genoese Schenone. Today, Infracapital and InfraVia have completed the sale of their shareholdings in TDT to the Grimaldi Group of Naples and as part of the transaction will exit from the shareholders of TDT also Giulio Schenone, director delegate and minority shareholder of GIP.

"We are delighted," said Stephen Nelson, Chief Executive Officer of Infracapital - to announce the sale of TDT, which has grown and gone from strength to strength during our joint ownership with InfraVia, thanks to the a central role played by Giulio Schenone. We worked together with our partners to create value through improvement operational performance and position TDT as the gateway for its reference markets, laying the foundations for a future expansion in Livorno».

"We are proud," added Olivier Laroche, partner of InfraVia - to have supported TDT and Giulio Schenone with our Contribution and management skills throughout our journey owned alongside Infracapital. TDT has achieved a solid growth and good resilience during the recent economic cycle, proving to be the container terminal in the port of Livorno and Tuscany'.