M&A

Pasifik Eurasia buys 25% of rail-systems firm Metrosis for €2.5 million

What's the deal? Pasifik Eurasia Lojistik Dış TicaretDealroom has a profile for this one. Try Dealroom → has signed an agreement to acquire a 25% stake in Metrosis İnşaat MühendislikDealroom has a profile for this one. Try Dealroom → for €2.5 million. The logistics company is buying 25,000 shares, representing a quarter of Metrosis's capital, according to a filing on Turkey's Public Disclosure Platform.

What's the endgame? Pasifik Eurasia wants to expand its operations and strengthen its presence in the rail-systems sector. Metrosis works on signalling, control and communication systems, power supply, environmental control systems, and systems engineering for railways.

Why it matters: Group affiliate Pasifik Girişim Sermayesi Yatırım OrtaklığıDealroom has a profile for this one. Try Dealroom → is buying an equal stake, bringing the two companies' combined holding in Metrosis to 50%. The two share transfers total €5 million.

The signal: By taking a controlling-level position in a specialist rail engineering firm, Pasifik Eurasia is moving beyond logistics trade into infrastructure, a sector where Metrosis's team has worked on rail projects internationally.

Read more: lojiport.com

Image credit: train_photos

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