Announced

PSA International acquired Halterm from Macquarie.

Synopsis

PSA International, one of the world's largest port operators, acquired Halterm Container Terminal in the Port of Halifax from Macquarie Infrastructure Partners, a fund managed by Macquarie Infrastructure and Real Assets. Financial terms were not disclosed. “After acquiring Halterm in 2007, we are pleased to have partnered with Halterm management and staff, the Halifax Port Authority and other key stakeholders to deliver safe, reliable services to customers over the last 12 years. We are proud of the growth that Halterm has delivered in recent years and that Halterm has been a responsible member of the Halifax community during our ownership,” said Karl Kuchel, CEO of Macquarie Infrastructure Partners.

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