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Announced

Completed

MSC completed the acquisition of a 49% stake in Messina Group for $29m.

Financials

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Transaction Value£21m
Consideration TypeCash
Capital Owned-
Capital Bid For49%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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shipping company

Friendly

Italy

Acquisition

Minority

Private

Marine Transportation

Completed

Single Bidder

Synopsis

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MSC, a Swiss-Italian international shipping line, completed the acquisition of a 49% stake in Messina Group, the Genoa-based shipping company, for $29m. In addition to the capital Gianluigi Aponte put into Messina Group, the Messina family put €5m on the table to re-launch the business which will benefit from several operative synergies between the Italian and the Swiss firms.

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