Acquisition of TERSAB by the Intersal Consortium
Olimpia Partners advised on this M&A (buy-side) transaction involving InterSal and TERSAB, in the Infrastructure & Sanitation sector. Deal value: Confidential.
Olimpia Partners acted as financial advisor to Intermarítima
InterSal & TERSAB
Infrastructure & Sanitation · M&A (buy-side) · Confidential
Case Study
• In November 2021, Consórcio Intersal (the “Consortium”), formed by Intermarítima and Salinor, won the public auction promoted by ANTAQ at B3 to lease and operate the Terminal Salineiro de Areia Branca (“TERSAB” or the “Terminal”)
– The transaction was structured as a 25-year concession/lease, committed to invest approximately R$160 million in modernization and capacity upgrades over the contract period
– The transaction preserves and expands the Terminal’s role as the main export gateway for Brazilian sea salt, supporting the competitiveness of Rio Grande do Norte’s salt cluster and enabling long-term throughput growth
• TERSAB is an offshore port-island located ~13 km from the coast of Areia Branca (RN) and has historically served as a strategic logistics hub for domestic distribution and exports of sea salt
• Intermarítima is one of Brazil’s established logistics operators, with decades of experience in port, maritime and integrated supply-chain services across industrial corridors
• Salinor is a leading Brazilian salt producer and distributor, with a nationwide footprint and long-standing expertise in sourcing, processing and large-scale commercialization of sea salt
Transactions