Stonepeak Buys 25 Percent Stake in 10 of CMA CGM's Container Terminals

Stonepeak Buys 25 Percent Stake in 10 of CMA CGM's Container Terminals

CMA CGM is launching a ports joint venture with one of the world's largest infrastructure investors. With a 25 percent investment from Stonepeak, thi...

Stonepeak to invest $2.4B in CMA CGM ports joint venture

CMA CGM’s New $10B JV Backs Port Strategy With Financial Firepower

Backed by up to $6 billion in Stonepeak funding, the joint venture underscores how ocean carriers are prioritizing vertical integration of their operations.

US investment fund buys stake in CMA CGM box terminals

US investment fund Stonepeak has expanded its presence in the transport & logistics sector, yesterday forming a joint-venture with CMA CGM on 10 of its container terminals. The newly formed United Ports JV will see Stonepeak invest $2.4bn to acquire a 25% equity stake in CMA CGM’s US facilities in Los Angeles, New York and Bayonne; the Santos terminal in Brazil; its part ownership of Spanish terminals in Valencia, Bilbao, Seville, ... The post U…

CMA CGM & Stonepeak Announce Groundbreaking Terminal Joint Venture, UNITED PORTS LLC

CMA CGM and Stonepeak will respectively hold 75% and 25% ownership stakes in United Ports LLC, while CMA CGM will retain full operational control.