At the same time, the advisors who assist the Fund in the process have been instructed to investigate a possible investment interest in the sale of a percentage of the company’s share capital amounting to at least 67%.
V.P.A. S.A. has the right to use the port of Volos, the marine facilities of the fishing shelter located at the eastern end of the seashore of the city, as well as the port facilities of Almyros and Agria.
The Concession Agreement between the State and V.P.A. S.A. has a duration of 60 years from its signing and expires in 2062.
The main activities of the company include freight and container services, steel and scrap metal, dry and wet bulk cargo and passenger services, including ferry boats to the Sporades islands, as well as cruise activities.
HRADF has appointed Deloitte Business Solutions S.A. and Euroconsultants S.A. to act jointly as financial advisors and Doxiadis Associates has assumed the duties of technical advisor regarding the tendering process and the transaction.
