Transfer of Thessaloniki port majority stake to SEGT to be completed by early next week

The transfer of a 67 percent stake in Thessaloniki’s Port to South Europe Gateway Thessaloniki Ltd (SEGT) will be completed by early next week at the latest, sources in the company DIEP GmΒH- Terminal Link SAS- Belterra Investments Ltd that won the tender in April 2017 told the Athens-Macedonian News Agency (ANA) on Tuesday.

To close the deal, the company will have to pay the 231.9 million euros agreed and replace members of the company’s managing board.

The consortium that set up SEGT is owned 47 percent by DIEP GmbH, 33 percent by Terminal Link SAS, and 20 percent by Belterra Investments Ltd (Ivan Savvidis). The Greek state will maintain a 7.22 percent share in the port.