Global Ports officially confirms its discussions regarding potential acquisition of NCC
Global Ports is considering an acquisition of National Container Company (NCC). According to Global Ports press release, the companies are in discussions. No details have been revealed.
According to Global Ports publication, IFRS net profit of NCC totaled $79.673 mln, revenue - $253.291 mln in 2012.
Global Ports Investments Plc (GPI) - is one of Russia’s leading operators of container terminals. It is a part of N-Trans Group, the largest private operator at the market of transport services of Russia, CIS and Baltic states. GPI terminals are located in the Baltic and Far East Basins. GPI operates three Russian container terminals (Petrolesport and Moby Dik in St. Petersburg and Vostochnaya Stevedore Company in Vostochny Port) and two container terminals in Finland (Multi-Link Helsinki and Multi-Link Kotka). GPI is currently implementing the project on construction of the dry terminal Yanino near St. Petersburg. In 2012, the company’s net profit fell by 16% to $123 mln.
National Container Company (NCC) is the leading operator of container terminals in Russia and CIS. The company was set up in 2002. The NCC portfolio of stevedoring assets includes First Container Terminal (St. Petersburg), Ust-Luga Container Terminal (Leningrad region), Ilyichevsk Container Terminal (Ukraine), hinterland container terminal and logistic center – Logistika-Terminal (Shushary, St. Petersburg). Total container capacity of NCC terminals is over 2.8m TEUs.
