Fertipar, one of the largest fertilizer companies in the country, announced, on the 18th, the acquisition of Terin – Terminais Inteligentes, in the port of Paranaguá (PR). The terminal was previously by the Mercuria group — a fuel trading company based in Switzerland. The company did not disclose the value of the transaction. In a statement, the president of the Fertipar group, Alceu Feldmann, said that the company “ratifies Brazil’s growth potential through this important investment” and that Terin has a “history of success in its operations.” Terin operates with storage and liquid bulk handling and is located in a private bonded port terminal for public use. The acquisition process was advised by Andersen Ballão Advocacia, BRZ Advogados and Tauil & Checker/Mayer Brown.
Sources: Valor Econômico/Datamar News