acquired 100% of
Advisor to the Buyer
Yarımca is a major container terminal site in Izmit owned by Erdemir, the state owned steel company. It covers a 48 hectare site on the Sea of Marmara, to build and operate a 1 million plus TEU terminal with a planned investment over US$170 million in terminal infrastructure.
DP World is one of the world’s leading container terminal operators and handles an estimated 12.5 million TEU in six continents from the Americas to Asia.
DP World acquired Yarımca for US$105 million.