Yilport Holding has finalised a deal that will see the company take over Portuguese terminal operator Tertir and double its portfolio.
Ten port terminals will be added to the Turkish firm’s portfolio and Yilport says this is the biggest Turkish investment in Portugal.
As has been previously reported, the deal is worth EUR 300m ($330m) and will see Portuguese shareholders Mota-Engil Group and Novo Banco sell all their shares.
Robert
