Hogan Lovells is advising Brookfield Asset Management on the sale of a 49% stake in PD Ports to Pontegadea

Press releases | 25 July 2025

London, 25 July 2025 - Global law firm Hogan Lovells is advising Brookfield Asset Management (“Brookfield”) on the sale of a 49% stake in PD Ports Limited (“PD Ports”) to Pontegadea Shareholdings Luxembourg, S. à r. l. (“Pontegadea”).  Brookfield will remain invested in the business and, as a long-term shareholder, will work closely with Pontegadea to support the continued growth of PD Ports.

The transaction is subject to customary regulatory approvals.

The PD Ports group is one of the UK’s major port groups, operating across 11 locations nationwide including Teesport and Hartlepool in the north, a cluster of sites on and around the River Humber, and Felixstowe, Thames and the Isle of Wight in the south. The PD Ports group is also the Statutory Harbour Authority for the River Tees, with a jurisdiction of 12 miles to the Tees estuary with legal responsibility to ensure safe navigation for all vessels and maintenance of the river.

The Pontegadea group is an investment holding company created in 2001, focused on a wide range of sectors as real estate, energy, infrastructure or retail, including long-term equity and liquid assets among its strategy. Besides the portfolio of top-level assets, Pontegadea holds a significant stake in traded and private companies.

Brookfield Asset Management (NYSE: BAM, TSX: BAM) is a leading global alternative asset manager, headquartered in New York, with over $1 trillion of assets under management. Brookfield invests client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. Brookfield offers a range of alternative investment products to investors around the world — including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors.

Commenting on the transaction, Hogan Lovells partner Sarah Shaw said: “We are delighted to be supporting Brookfield on this significant transaction, which showcases our ability to combine preeminent M&A capability with deep infrastructure sector expertise.”

The Hogan Lovells team representing Brookfield is led by London-based partners Sarah Shaw and Hannah Logan, supported by associates James Scott and Sarah Tillmann. The core team was supported by a full-service team including partners Fiona Bantock, Karen Hughes, Daniel Norris, counsel Aaron Burchell and senior associates Callum Fowers, Saad Amjad and Jennifer Crust and associates Louise Cadman, Rayan Rachedi, Matthieu Bouharmont and Alice Russen.