.
MergerLinks Header Logo

New Deal


Announced

Completed

Stonepeak and Spirit Super completed the acquisition of GeelongPort.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Cross Border

Private Equity

Single Bidder

Infrastructure

Friendly

port operator

Australia

Acquisition

Majority

Ports

Private

Completed

Synopsis

Edit

Stonepeak, an alternative investment firm specializing in infrastructure and real assets, and Spirit Super, an Australian industry super fund, completed the acquisition of GeelongPort, Victoria’s second largest port located approximately 75km southwest of Melbourne. Financial terms were not disclosed. “Closing this transaction marks another exciting milestone in the history of GeelongPort as it continues to serve its customers and the greater community of Victoria while playing an integral role in global trade. We believe GeelongPort has access to a meaningful set of opportunities for long-term growth, and we look forward to working with the GeelongPort team as we help them realize those opportunities while continuing to invest in existing objectives and supporting continued growth in the region,” Darren Keogh, Stonepeak Senior Managing Director.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US