News / DP World and Evyapport merge Izmit terminals

Photo: DP World

Turkish competition regulators have given the green light for DP World’s Yarimca terminal to merge with the neighbouring Evyapport terminal, in the port of Izmit, located on the Asian side of the Bosporus waterway.

Under the terms of the deal to create the newly formed entity DP World Evyap, DP World will take a 58% stake in Evyapport, while Evyap Group secures a 42% share of DP World Yarımca. The rebranding will introduce ’DP World Evyap Yarımca’ and ’DP World Evyap ...