Macquarie Infrastructure Partners III Completes Sale of Ceres Terminals to Carrix

Macquarie Infrastructure Partners III (MIP III), an unlisted infrastructure fund managed by Macquarie Asset Management, has completed the sale of Ceres Terminals to Carrix, a leading marine terminal operator. This transaction follows MIP III's eight-year investment in Ceres, during which the company expanded its port terminal operations. MIP III has retained Ceres' former Jacksonville container terminal, Dames Point Jacksonville, and the Intermodal Container Transfer Facility in Jacksonville.

Counterparts (4)

Seller

Macquarie

company

Macquarie is a global financial services group with a leading position in infrastructure investment through Macquarie Asset Management (MAM). MAM is one of the world's largest infrastructure managers, investing across a broad range of essential sectors including energy transition, digital infrastructure, transport, and utilities, with a focus on long-term, sustainable assets globally.

M

Macquarie Infrastructure Partners III (MIP III)

company

Ceres Terminals

company

Ceres Terminals is a leading marine terminal operator and stevedore in North America. They provide a full range of services for container, breakbulk, automotive, project cargo, and cruise operations.

Buyer

Carrix

company

Carrix, Inc. is a global transportation company and the parent company of SSA Marine, a leading marine terminal operator. It provides comprehensive logistics and terminal services across various cargo types, including containers, bulk, breakbulk, and automobiles. The company leverages its extensive network of facilities and technology solutions, such as Tideworks Technology, to enhance operational efficiency worldwide.