Global Infrastructure Partners and Grupo Romero completed the acquisition of a 50% stake in Trabajos Maritimos from Tramarsa.

Global Infrastructure Partners, a private equity firm, and Grupo Romero, a privately owned diversified conglomerate, completed the acquisition of a 50% stake in Trabajos Maritimos, an integrated port infrastructure platform, from Tramarsa, a port operator. Financial terms were not disclosed. "We are excited to partner with Grupo Romero and invest in Tramarsa, which has a track record of over 30 years of strong operational performance and continued growth. We look forward to working with Grupo Romero and Tramarsa, leveraging our operational expertise to build on the company's established ports business and pursue growth and expansion opportunities in the transportation sector in the Andean region," Adebayo Ogunlesi, GIP Chairman and Chief Executive Officer.