EQT Infrastructure to sell Fenix Marine Services to CMA CGM for an enterprise value of USD 2.3 billion
· Fenix Marine Services is a leading container terminal in the Port of Los Angeles · Under EQT Infrastructure’s ownership since 2017, Fenix Marine Services has been transformed into one of the largest and most efficient container terminals operating in the busiest port complex in the Western Hemisphere · A relentless focus on value creation and digitization have resulted in significant operational improvements, including a 20 percent increase in gross moves per hour, the leading indicator of marine productivity. Environmental upgrades have also eliminated over ten million pounds