Palermo-headquartered Italian Shipping & Logistics Agency (ISLA) has acquired all shares in Esterminal Europea Servizi Terminalistici (EST).
The fully licensed stevedoring company operates terminals in six Sicilian ports and offers services including ro-ro terminal operations, warehousing, and handling breakbulk, project and reefer cargo.
“EST and ISLA are a perfect match,” said Pietro Coniglio, managing director of ISLA. “With its experienced employees, well-connected terminals, and modern cargo handling equipment, EST is just the right addition to our portfolio. This acquisition will support us in our growth strategy and help us to further improve our services.”
EST will continue to operate independently under its current branding and the team will be led by general manager Antonio Pandolfo, who has overseen the company since 2004. EST operates multipurpose terminals in Augusta, Catania, Mazara del Vallo, Trapani, Termini Imerese and Porto Empedocle.
In early 2024, EST was awarded a 25-year concession to operate the new container terminal in Augusta, the largest in Sicily by volume and service capacity. Already spanning 86,000 sq m, the terminal will be further expanded to allow for increased volumes of general and project cargo.