Steer advises Equiter SGR on acquisition of MIDSEA
Steer provided commercial and technical due diligence to Equiter SGR for its acquisition of MIDSEA, a major stevedoring and terminal operator in northern Italy. The deal reinforces the strategic role of bulk and break-bulk cargo in strengthening industrial supply chains across Italy and Europe.
Steer acted as the buyer's commercial and technical advisor to Equiter SGR in its acquisition of MIDSEA S.r.l., a leading port and stevedoring operator in the north of Italy.
Steer provided Equiter SGR with commercial and technical due diligence advisory services for the acquisition of MIDSEA. Founded in 1996, MIDSEA is a leading operator across all ports in Friuli-Venezia Giulia, with main focus on stevedoring and port services in Trieste and terminal operations in Monfalcone and Porto Nogaro. MIDSEA is a key player in the handling of bulk and break-bulk cargo, in particular metal scrap for the green steel industry.
Steer's port advisory team supported Equiter SGR’s first investment in port terminal infrastructure, advising on market, competition, operations, capacity, and investments. Closure is subject to conditions precedent in line with market practice and to regulatory approvals.
The deal confirms the strategic importance of bulk and break bulk cargo in the port and logistics sector, and more broadly, how non-containerised traffic is key to securing industrial supply chains’ competitiveness in Italy and Europe.
- Alberto Preti, Associate Director at Steer
Steer’s involvement in this transaction highlights its dedication to enabling strategic investments that foster competitiveness, innovation and sustainability in transport infrastructure.
