F2i Port Holding to acquire MarterNeri

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F2i SGR has signed an agreement to acquire the MarterNeri Group, a port terminal operator in Monfalcone and Livorno, from VEI Log Spa. MarterNeri, which was established in 1969 by the founding families, holds concessions and authorizations in Monfalcone and Livorno.

The acquisition, the finalization of which is subject to the approval of the competent authorities, will be carried out through F2i Holding Portuale (FHP), a company wholly owned by the Third F2i Fund and the F2i-ANIA Fund. MarterNeri's operations will be integrated with those already carried out by FHP in the four terminals in Carrara, Marghera, and Chioggia that were acquired in 2019. The consolidation into FHP gives rise to the largest Italian port operator in the dry bulk sector with operations in the northern Adriatic and Tyrrhenian seas, over 7 million tonnes of cargo handled annually, 7 terminals under management, 200 pieces of lifting and handling equipment, warehouses and interconnecting infrastructures.

F2i Sgr was advised on this transaction by VSL Club (industrial advisor); Cleary-Gottlieb and Studio Zunarelli (legal advisors); Prothea (financial advisor); Virtex (fiscal advisor); PWC (accounting advisor); AON and Willis (insurance advisors); Rina (technical advisor); REAG (real estate advisor); Afry (market advisor).

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