MSC Closes Sale for 35% of Its Terminal Division

MSC Mediterranean Shipping Company S.A. and Global Infrastructure Partners and a group of its LP Co-Investors have closed the transaction through which GIP has acquired 35% of Terminal Investment Limited SA from MSC.

The closing follows obtaining the relevant approvals.

TIL has grown rapidly over the last decade and is now the world’s sixth largest container terminal operator. The new strategic partnership between MSC and GIP will provide a strong foundation to support TIL’s continued growth, including further acquisitions and investments.

[mappress]
MSC, May 30, 2013