UK Ports Deal Agreed to Acquire Stake in Peel Ports Group

4th November 2021

Group acquires stake in the Peel Ports Group which includes the Port of Liverpool with its modern Liverpool2 terminal on the banks of the Mersey, noting in the background the traditional docks of the north-west English port. Afloat adds the Irish Sea port is the only 'Freeport' located on the UK west coast. Credit: Peel Ports Group-twitter

According to InsiderMedia, APG, Global Infrastructure Partners and AustralianSuper have agreed to acquire a 37.4% holding in Peel Ports Group from DWS.

Peel Ports (the UK's second largest ports group) is behind the likes of Liverpool2 and Manchester Ship Canal.

The transaction is expected to close in the first quarter of 2022, pending regulatory review and approvals.

Peel Ports is a critical UK infrastructure asset and responsible for the operations and management of a network of seven strategically located ports around the UK and Ireland (where Afloat adds in Dublin Port is their MTL Terminal serviced also by the group's subsidairy BG Freight Line).

Mark Whitworth, chief executive of Peel Ports Group, said: "The ambitious partnership between shareholders and management has been a cornerstone of the company's success and we look forward to building on those achievements with our new like-minded Shareholders APG & GIP, alongside The Peel Group and AustralianSuper."

About The Author

Jehan Ashmore

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Jehan Ashmore is a marine correspondent, researcher and photographer, specialising in Irish ports, shipping and the ferry sector serving the UK and directly to mainland Europe. Jehan also occasionally writes a column, 'Maritime' Dalkey for the (Dalkey Community Council Newsletter) in addition to contributing to UK marine periodicals.

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