TRIESTE – Midolini Group has completed its exit from Midsea. With Equiter Infrastructure II acquiring a majority stake, a process launched two years ago together with Smart Capital has now come to an end.
The transaction involves the sale of Smart Capital’s entire shareholding in Midsea, a company operating as a terminal operator in the ports of Trieste, Monfalcone and Porto Nogaro.
Equiter Infrastructure II, a sustainable infrastructure fund managed by Equiter S.p.A., is taking over the stake as part of its investment strategy focused on services linked to logistics and the maritime-port system.
The path leading to the sale began in 2023, when Smart Capital entered the share capital of the Friuli-based group with the aim of accelerating Midsea’s development and preparing it for a subsequent growth phase. Over these two years, the company has strengthened its activities in port support services and assistance to maritime operations, consolidating its presence in the Northern Adriatic.
Midolini Group, led by Chairman Alberto Midolini, confirms that the transaction frees up resources for new industrial initiatives. The decision to sell Midsea forms part of a portfolio review aimed at strengthening the businesses with the greatest growth prospects in infrastructure and logistics services.
Equiter Infrastructure II adds Midsea to its portfolio as an operating asset with expansion potential, leveraging the positive trend in port services and the Northern Adriatic’s growing role in trade connections. The fund, already active in investments in mobility and strategic infrastructure, aims to reinforce the company’s operational capabilities and support its development.
The agreement therefore marks the end of Smart Capital’s investment phase and opens a new chapter for Midsea with the entry of an infrastructure-focused investor, while Midolini Group reshapes its structure to concentrate on new projects in the port and logistics sector.
«This transaction is the result of a consistent strategy pursued by my family and our partners. Over these years», commented Giacomo Pittini, CEO of Midolini Group, «we have focused on improving internal processes to become more competitive and better prepared for a market that demands ever greater readiness and responsiveness. We will continue along this ambitious path with even greater focus, deploying all the specific expertise we are proud of. The entry of an investor such as Equiter, a top-tier player, into the maritime/port context of North-East Italy will allow the journey started by Midolini Group to continue, taking it to ever broader horizons and consolidating its position and importance in the market context».
