Stonepeak and Spirit Super Acquire GeelongPort
April 26, 2023
Stonepeak (70%) and Australia's Spirit Super (30%) have completed their acquisition of GeelongPort Pty Limited from Brookfield and SAS Trustee Corp. The transaction secures control of Victoria’s second-largest port — a diversified landlord port handling significant trade volumes and supporting regional jobs — as Stonepeak expands its infrastructure footprint in Australia.
- Buyers
- Stonepeak, Spirit Super
- Targets
- GeelongPort Pty Limited
- Sellers
- Brookfield Asset Management Inc., SAS Trustee Corp.
- Industry
- Logistics & Distribution
- Location
- Victoria, Australia
- Transaction Type
- Buyout
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