Boluda Expands in Netherlands with Acquisition of Matrans Port Terminal

✦ Meridian Analysis

Boluda Shipping has signed an agreement to acquire the Matrans maritime terminal in Eemhaven, the Netherlands. Matrans has 360,000 square metres of surface, including 70,000 sq m of covered warehouses, a 1,100‑metre quay with 12.6 m draft, a ro‑ro berth with 9 m draft and 600 m of rail siding. The acquisition includes customs management, fiscal representation, road transport and forwarding services. Boluda’s platform will comprise 21 maritime installations and five rail terminals after the recent purchase of Samskip. Boluda closed this year a refinancing of €2.150 bn through its main subsidiary Boluda Towage. Boluda already holds a significant presence in the Dutch market after the 2022 purchase of Smit Lamnalco for about €800 m. The purchase of Samskip was announced the previous week. Deal professionals will be looking for the undisclosed purchase price, the exact financing structure and any senior or mezzanine lenders involved. Information on advisers, regulatory clearances – particularly any EU competition review – and the expected closing timetable has not been released. Professionals will monitor how Matrans is integrated with the Samskip assets.

The Meridian Weekly