Morgan Stanley to sell Montreal Gateway Terminals to Fiera Axium Infrastructure
Morgan Stanley Infrastructure, the infrastructure investment arm of Morgan Stanley, has agreed to sell Montreal Gateway Terminals (Société Terminaux Montréal Gateway) to a consortium led by Fiera Axium Infrastructure. The financial terms of the deal were not disclosed. Montreal Gateway Terminals is the largest operator at the Port of Montréal and the second-largest container facility in Canada. Morgan Stanley bought an 80 percent interest in the facility in 2007 and secured 100 percent ownership in 2013. With offices in Montréal and Toronto, Fiera Axium Infrastructure is jointly controlled by Fiera Capital Corp and Axium Infrastructure Management.
6 March 2015•3 mins read
