Navios Partners wraps up Navios Containers acquisition April 1, 2021, by Naida Hakirevic
Dry cargo vessel owner and operator Navios Maritime Partners has completed the acquisition of container shipping company Navios Maritime Containers.
Under the terms of the deal announced on 31 December 2020, a wholly-owned subsidiary of Navios Partners merged with and into Navios Containers, with Navios Containers surviving as a wholly-owned subsidiary of Navios Partners. Related Article Posted: 3 months ago
As of the close of the market on March 31, 2021, Navios Containers’ common units were no longer listed for trading on NASDAQ.
“We are pleased to close this transformative transaction which provides Navios Partners with significant benefits of diversification. The transaction builds scale through a larger, diversified asset base with an increased earnings capacity,”
Navios Maritime Partners L P Completes Acquisition of Navios Maritime Containers L P
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Navios Maritime Partners L P Completes Acquisition of Navios Maritime Containers L P
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