MSC Mediterranean Shipping Company, through its subsidiary SAS Shipping Agencies Services Sàrl, has agreed to buy 100% of the share capital of Rimorchiatori Mediterranei S.p.A., an international towage operator active in Italy, Malta, Singapore, Malaysia, Norway, Greece and Colombia, from Rimorchiatori Riuniti and a fund managed by DWS’s Infrastructure Investment business.
With this transaction, the Swiss/Italian shipping company aims to further improve towage service efficiency across all Rimorchiatori Mediterranei’s operations.
Completion remains subject to the receipt of approvals, including from the relevant competition authorities, and deal terms are not disclosed.
UniCredit acted as financial advisor, KPMG as accounting and tax due diligence advisor and Chiomenti as legal advisor to MSC, whilst Lazard acted as financial advisor together with Pedersoli and Legance as legal advisors to Rimorchiatori Riuniti and DWS.
