24.09.2024 By: Patricia Büeler
Artikel Nummer: 50843
Grimaldi Group strikes a deal in Heraklion
The Grimaldi Group has bought a 67% stake in Heraklion Port Authority (HPA) for EUR 80 million through a consortium including Grimaldi Euromed and Minoan Lines.
This acquisition, which was finalised with the Hellenic Republic Asset Development Fund (HRADF), marks a significant step in the port's growth, with plans for substantial investments to enhance Heraklion's strategic role in the Eastern Mediterranean, focusing on sustainable development and boosting local and national economies. (pb)