The FMV Industrial Infrastructure Fund I, advised by Fair Market Value Capital Partners (FMV), and the TD Greystone Infrastructure Fund (TDGIF), advised by TD Asset Management (TDAM), jointly have acquired a 28 percent interest in PSA Italy from PSA International, a global port operator.
PSA Italy operates three container terminals in the Port of Genoa and Port of Venice, which are the premier gateway terminals serving the northern Italian hinterland, handling a total of two million 20-foot equivalent units (TEUs) in 2023.
Through its investment in PSA Italy, FMV and TDGIF will continue to support PSA Italy’s strategy to grow within the local Italian market and expand its hinterland into neighboring markets, including Switzerland and southern Germany. The transaction has received unconditional clearance from the Italian Government under the Golden Power regime. Additional details of the transaction are not disclosed.
FMV is a pan-European investment firm that
