MSC Group's Terminal Investment Limited to acquire Terminal Portuario de Paracas in Peru for US$200 million, enhancing its global terminal portfolio.
Terminal Investment Limited, part of the MSC Group, has agreed to purchase Terminal Portuario de Paracas in Pisco, Peru, reports the UK's Seatrade Maritime News.
Local media stated that the Swiss-based shipping group will pay approximately US$200 million for the facility. The deal, authorized by Peru's competition regulator Indecopi, is expected to be finalized by the end of the month.
Once completed, the concession to operate Puerto General San Martin port will fully transfer to TIL. This acquisition adds to the company's extensive global portfolio of container terminals.
TIL manages over 70 facilities and projects across 35 countries. Its holdings include MPET in Antwerp, Total Terminals International in Long Beach, Portonave in Brazil, and MSC Terminal Valencia in Spain.
