News / Shareholder PSP buys majority stake in Forth Ports from Arcus European

Grangemouth container terminal

Forth Ports, owner and operator of eight UK ports including Tilbury and Grangemouth, is under new ownership.

Arcus European Infrastructure Fund has sold its shares to the Public Sector Pension Investment Board (PSP).

While it is unlikely to change operations at the ports, Charles Hammond, group chief executive for Forth Ports, said: “PSP is already a long-term, committed shareholder and this new investment ensures continuity for the business as we evolve to meet the customer demands of the future.”

After completion of the deal, ...