Vinci Partners Infrastructure Announces New Transportation and Logistics Strategy With the Acquisition of Port Terminal “Porto Pontal”
Vinci Partners Investments Ltd. (NASDAQ: VINP) has announced its acquisition of Porto Pontal, a container terminal project in Paraná, Brazil, from JCR Administração e Participações S.A. This acquisition marks a significant step in Vinci's new Transportation and Logistics strategy, aiming to develop one of Latin America's most modern container terminals. The project will have a capacity of 3 million TEUs and requires up to R$3 billion in investments, financed through a mix of equity and debt instruments, positioning Vinci for potential growth in Brazil's infrastructure sector.
- Acquisition of Porto Pontal aligns with Vinci Partners' strategic focus on Transportation and Logistics.
- The project aims to make Porto Pontal a leading container terminal in Brazil, enhancing market presence.
- Investment of up to R$3 billion could lead to significant infrastructure development in Paraná.
- Investment amount of R$3 billion may place financial strain depending on funding structure and returns.
- Execution risks associated with developing a major infrastructure project may impact investor sentiment.
RIO DE JANEIRO, Brazil, Jan. 06, 2022 (GLOBE NEWSWIRE) -- Vinci Partners Investments Ltd. (NASDAQ: VINP) (“Vinci Partners”, “we”, “us” or “our”), the controlling company of a leading alternative investment platform in Brazil, announced today that Vinci Partners’ Infrastructure segment has reached an agreement with JCR Administração e Participações S.A. (“JCR Group”) for the acquisition of the container terminal (“Porto Pontal” or “the Project”) in the state of Paraná, Brazil.
Porto Pontal marks Vinci Partners Infrastructure team’s first investment for its new Transportation and Logistics strategy. The Project's capacity will reach 3 million TEUs when fully developed and will require investments of up to R
José Guilherme Souza, partner, and Head of Infrastructure for Vinci Partners, said, “We are very pleased with this new project as it sets an important milestone within our Transportation and Logistics strategy, which we believe has great potential for growth in Brazil, due to its extensive pipeline of investment opportunities in ports and highways. Porto Pontal’s main objective is to be placed among the biggest and most efficient container terminals in the country, generating sustainable and positive socioeconomic impact in the state of Paraná.”
About Vinci Partners Infrastructure
Our infrastructure core plus strategy seeks to have exposure to real assets related to economic infrastructure, through investments in equity and debt instruments across several sectors, including but not limited to power generation and transmission, transportation and logistics, and water & sewage. The infrastructure team aims control or control-oriented positions in brownfield and greenfield opportunities and employs active hands-on management of assets and operations.
About Vinci Partners
Vinci Partners is a leading alternative investment platform in Brazil, established in 2009. Vinci Partners' business segments include private equity, public equities, real estate, credit, infrastructure, hedge funds, and investment products and solutions, each managed by dedicated investment teams with an independent investment committee and decision-making process. We also have a financial advisory business, focusing mostly on pre-initial public offering, or pre-IPO, and merger and acquisition, or M&A, advisory services for Brazilian middle-market companies.
Forward-Looking Statements
This press release contains forward-looking statements that can be identified by the use of words such as “anticipate,” “believe,” “could,” “expect,” “should,” “plan,” “intend,” “estimate” and “potential,” among others. By their nature, forward-looking statements are necessarily subject to a high degree of uncertainty and involve known and unknown risks, uncertainties, assumptions and other factors because they relate to events and depend on circumstances that will occur in the future whether or not outside of our control. Such factors may cause actual results, performance or developments to differ materially from those expressed or implied by such forward-looking statements and there can be no assurance that such forward-looking statements will prove to be correct. The forward-looking statements included herein speak only as at the date of this press release and we do not undertake any obligation to update these forward-looking statements. Past performance does not guarantee or predict future performance. Moreover, neither we nor our affiliates, officers, employees and agents undertake any obligation to review, update or confirm expectations or estimates or to release any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of this press release. Further information on these and other factors that could affect our financial results is included in filings we have made and will make with the U.S. Securities and Exchange Commission from time to time.
USA Media Contact
Nick Lamplough / Kate Thompson / Katie Villany
Joele Frank, Wilkinson Brimmer Katcher
+1 (212) 355-4449
Brazil Media Contact
Danthi Comunicações
Carla Azevedo (carla@danthicomunicacoes.com.br)
+55 (21) 3114-0779
Investor Contact
ShareholderRelations@vincipartners.com
NY: +1 (646) 559-8040
RJ: +55 (21) 2159-6240
FAQ
What is the purpose of Vinci Partners' acquisition of Porto Pontal?
What is the expected capacity of the Porto Pontal terminal?
How much is Vinci Partners investing in the Porto Pontal project?
When was the acquisition of Porto Pontal announced?
What impact might the Porto Pontal acquisition have on Vinci Partners' financial performance?
