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24 February 2020 The on-line newspaper devoted to the world of transports 02:14 GMT+1



January 16, 2020

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Yilport Holding to pursue new acquisitions

Robert Yildirim: We will try to acquire one or two ports per year

The Turkish terminalist company Yilport Holding intending to acquire other port terminals. He made it known today Robert Yuksel Yildirim, founder and president of the company ceo having taken over the post until the end of 2019 held by Christian Blauert. Presenting the new business plan for the five-year period 2020-2025, Yildirim explained that, after the heavy investment in equipment terminals and cranes built by the company in 2019 and 2020, in addition to organic growth, Yilport will be running a second round of acquisitions, in particular aimed at terminals gateways in emerging markets. "We will try - he said - to acquire one or two ports a year in line with our typical growth strategy."

Remembering that the company is currently engaged in the final stages of the programs to start the activities in two container terminals, the Italian Taranto Container Terminal and the Gulfport Terminal with plans to bring traffic capacity at 1.5 million teu and 600,000 teu per year, Yildirim explained that in the medium term Yilport expects "to work with infrastructure, pension and sovereigns to make major acquisitions." Yilport - ha added - "will welcome primary investors financial institutions that work with us on profitable investments to both parties" and 'will continue to assess investments that offer growth potential in Europe, North America, Latin America and Africa."

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