Global Infrastructure Partners (GIP) has acquired a 50% stake in Peruvian port infrastructure platform Trabajos Maritimos (Tramarsa).

The infrastructure fund mananger has invested an undisclosed sum through its GIP Emerging Markets I Fund to become a co-shareholder in Tramarsa alongside Peruvian conglomerate Grupo Romero.

Founded in 1990, Tramarsa operates the Terminal Internacional del Sur at the Port of Matarani and the Salaverry Terminal Internacional at the Port of Salaverry concessions in Peru,

Tramarsa provides logistic support for cargo handling and offshore oil operations, assists shipping lines, develops offshore infrastructure and maintenance, among other specialised services.

As part of the newly created partnership, GIP and Grupo Romero said they plan to invest further in port and mining-adjacent infrastructure throughout the Andean region in South America.

Adebayo Ogunlesi, chairman and CEO of GIP, said: “We are excited to partner with Grupo Romero and invest in Tramarsa, which has a track record of over 30 years of strong operational performance and continued growth.

“We look forward to working with Grupo Romero and Tramarsa, leveraging our operational expertise to build on the company’s established ports business and pursue growth and expansion opportunities in the transportation sector in the Andean region.”

Dionisio Romero Paoletti, chairman of Grupo Romero, said: “This partnership is a key milestone for Tramarsa and positions us to benefit from fresh additional investment in the company.

“We look forward to collaborating with GIP and to continue working with Tramarsa’s outstanding management to create value for our stakeholders, including employees, investors, and local communities.”

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