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Editor in chief: Angelo Scorza
03/06/19 10:41

Bogazzi and F2i to seal port terminal's takeover

Marter Neri group is being closely observed by the investment vehicle helmed by Ravanelli


After several rumours and press leaks discovered by Ship2Shore, the group controlled by Carrara-native entrepreneur Enrico Bogazzi, officially will seal binding contracts with F2i, investment vehicle helmed by Renato Ravanelli, that will control three port terminals, unlike former deals always focusing on infrastructures.

Gruppo Porto di Carrara Spa controls terminal operator Porto di Carrara Spa in Carrara port and  two companies in Marghera, Transped and Multi Service, which will also handle  break bulks, project cargo and general cargo.

Prothea, Rina Services, Venice Shipping&Logistics and Cleary Gottlieb and Lombardi & partners legal firms were the appointed advisors, while the value of transaction is still unknown.

Nevertheless, being  three of the most outstanding terminals in Italy in terms of break bulk, project cargo and general cargo handling, the deal should reach tens of millions.

A niche market controlled by few Italian groups where profit margins are still high but not as much to appeal giant foreign groups.

According to market analysts, F2i might subsequently focus on Marter Neri, 48 million Euro sales company controlled by Palladio Finanza, established by merging Leghorn and Monfalcone-based old dating port logistics companies, namely Neri Srl and Mar-Ter Spedizioni Spa, which merged to launch a major Italian port logistic player exclusively committed to forest products trade in Italy.

Nicola Capuzzo