The European investment company FMV Industrial Infrastructure Fund I SCSp, assisted by Fair Market Value Capital Partners (FMV), and North American investment firm TD Greystone Infrastructure Fund (Global Master) SCSp (TDGIF) TD Bank Group (Toronto-Dominion Bank), advised by TD Asset Management Inc. (TDAM), announced today that it has acquired jointly a 28% stake in PSA Italy, the company of the terminal operator PSA International group in Singapore, which operates the container terminals PSA SECH and PSA Genova Pra' in the port of Genoa and the PSA Venice-Vecon container terminal in the port of Venice.

The acquisition follows the sale of the 38% stake in PSA Italy the Infravia and Infracapital funds and the investments The Investments to the PSA International group, which is then temporarily became the sole owner of the branch Italian.

Announcing the acquisition, FMV and TDGIF pointed out that will continue to support PSA Italy's growth strategy both in the Italian market and its expansion into neighbouring markets, including including Switzerland and southern Germany. It has been specified, furthermore, that the transaction has been given the green light by the the Italian Government within the framework of the powers of Golden Power exercisable by the executive to safeguard national assets deemed to be Strategic.

"This investment in PSA Italy - said Frederic Michel-Verdier, Founder and CEO of FMV - represents the culmination of a ten-year professional relationship with PSA. We are delighted to once again partner with PSA, a true global leader in the ports and terminals sector, to invest in in this primary asset. We are impressed with the activity world-class management run by PSA's management and employees Italy. PSA Italy has a top-notch portfolio of terminals gateway in Italy and is best positioned for provide green logistics services at its base of important customers in Northern Italy and beyond. We can't wait, through this investment in PSA Italy, to consolidate the solid relationship which we have with both PSA and TDAM."

"TDAM - pointed out Jeff Mouland, Managing Director delegate and head of Global Infrastructure Investments at TDAM - is excited to partner with PSA and FMV on this transaction. The port sector is a strategic focus the global diversification of our fund and the ability to to further expand our European port portfolio It represents a unique opportunity for our strategy. Not we look forward to consolidating our investment in PSA Italy and to expand our ongoing cooperation globally." TDAM is present in the port sector mainly through the Dutch Verbrugge International and the U.S. Port America Group.