EuropePorts and Logistics
CMA CGM in winning consortium for Thessaloniki port
A German-French consortium has won the rights to take over Greece’s second largest port having submitted an improved offer.
Deutsche Invest Equity Partners (DIEP) with the subsidiary of France’s CMA CGM, Terminal Link and the Savvidis Group are paying EUR231.92m to take a 67% stake in Thessaloniki Port Authority.
Other bids initially came in from ICTSI and DP World but Greek authorities demanded improved offers after a disappointing first round of offers.
Greece’s top port, Piraeus, was privatised last year with Cosco taking it.