Paranaguá Port is Latin America's largest bulk port and one of the world's most important sea trade centres, featuring strategic location and one of Latin America’s best port infrastructures. Some of the most important goods which cross the port include soybean, crumb, corn, salt, sugar, fertilizers, containers, frozen goods, petrol derived products, alcohol and vehicles.
We assisted Advent by acting as Technical Advisor during the acquisition of a controlling equity stake in an existing container terminal concession with berthing for two Panamax vessels and 35ha of land. This was a challenging project due to the need to foresee the new scenario for the port after the construction works related to the expansion.
Comprehensive due diligence
The main focus of the due diligence was an assessment of the Capex programme for the planned improvements (design, construction, cost and schedule risks), and Opex and maintenance investment for the facilities.
In addition, we considered all other aspects which affected the viability of the investment including transportation links, future capacity, environmental compliance, maintenance practices, security, and health and safety practices, all with a view towards assessing the material effect on the client’s valuation of the acquisition.