Major Port of Trieste investment by EKOL

Logistics, Mergers and Acquisitions, Ports & Terminals — By on December 12, 2016 at 9:32 AM

DCIM100MEDIADJI_0017.JPGEkol Logistics has acquired 65% of Europa Multipurpose Terminals, the operator of the port that it uses for its Ro-Ro and unit train services, located in Trieste, Italy. The acquisition is an addition to the region’s most modern Ro-Ro terminal that the company built in Yalova, Turkey.

Ekol embarked on countless intermodal investments in 2016, with continuing aspirations to achieve sustainable growth through environmentally-friendly business processes and projects. On December 6, 2016, Ekol Logistics acquired majority of Europa Multipurpose Terminals, the operator of the sixth port in Trieste. It plans to inaugurate the Ro-Ro terminal that is currently being built in Yalova in early 2017.

With these planned investments at the port in Trieste, two separate Ro-Ro operations can be handled simultaneously, increasing train loading capacity will increase to 10 roundtrip services a day. Currently providing services to Turkish and Greek Ro-Ro vessels, the port will add countries such as Israel and Egypt to its portfolio in the coming years. The annual capacity of 110,000 units carried by Ro-Ro vessels and 70,000 units carried by trains in 2016 is slated to rise to 140,000 units by Ro-Ro vessels and 100,000 units by trains in 2017.

Ekol Logistics and Yalova Ro-Ro Terminal Chairman Ahmet Musul spoke about the new investment: “The Port of Trieste enjoys a vital location for our intermodal transportation solution, a pioneering service we offer to customers in a superior, sustainable, low-cost and effective way.  We solidified our position here by acquiring the majority of Europa Multipurpose Terminals, the company we received services from up until now. We are sure to make a leap by proceeding with a such a seasoned team in port operations. I am confident that we will convey the experience we gain to Yalova Ro-Ro Terminal, scheduled to open in beginning of 2017.”

“Welcome the new shareholder and look forward to support a healthy growth of the company. The Port Authority of Trieste joins the old and new shareholders of EMT in welcoming this new development which consolidates the position of the Port of Trieste as the leading Port in the North shore of the Mediterranean for the Motorways of the Sea connections with the eastern Mediterranean Region and inter-modal rail-sea services” said Francesco Parisi, Casa di Spedizioni S.p.A, until today the majority shareholder of Europa Multipurpose Terminals, and Friulia S.p.A, the Friuli Venezia Giulia Region’s Private Equity company.

About Ekol Logistics:

Ekol began its operations in 1990 and made customer satisfaction the main focus of its efforts from the very first day of its establishment to become a pioneering brand in Europe. Having launched its commercial activities organizing international cargo shipments, Ekol has since achieved to build an integrated company structure offering third party integrated logistics services. With its years of accumulated know-how, highly qualified staff and cutting-edge technological practices, Ekol offers integrated logistics and supply chain solutions to its customers from a wide range of industries. Ekol is listed among the pioneering suppliers of integrated logistics services in Turkey and Europe with its distribution centers with more than 750,000 m² indoor areas in Turkey, Germany, Italy, Greece, France, Ukraine, Bosnia-Herzegovina, Romania, Hungary, Spain, Poland, the Czech Republic, Bulgaria and Iran. It boasts a fleet of over 5,500 own vehicles and more than 6,500 multi-national employees.

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