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  3. Using commercial, technical & ESG due diligence to evaluate an acquisition
Marguerite

Using commercial, technical & ESG due diligence to evaluate an acquisition

GTS is the largest private intermodal freight operator in Italy. It offers vertically integrated services along key national and international corridors, including rail services to Italian and Northern European ports. GTS has a major growth plan, encompassing a significant expansion of services, rolling stock and intermodal fleet (locos, wagons and containers).

Marguerite appointed Steer to deliver commercial, technical and ESG (Environment, Sustainability, Governance) due diligence of GTS to evaluate the acquisition of a minority stake in the Company.

We provided the client with a detailed assessment of GTS and its business plan, including:

  • the analysis of the intermodal freight market in Italy and Europe and expected market development at key ports;
  • the evaluation of the Company assets and Capex plan;
  • the analysis of the Company's environmental and sustainability policies; and
  • the preparation of traffic, revenue, OpEx and CapEx independent forecasts.

The transaction successfully closed in 2021, and Marguerite's investment is helping GTS develop the investment and growth plan.

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Contact an expert

Alberto Preti

Associate Director
Alberto.Preti@steergroup.com
Alberto Preti
Steer group

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