CMA CGM and Stonepeak complete the formation of UNITED PORTS LLC
Stonepeak →CMA CGM and Stonepeak announced the completed formation of UNITED PORTS LLC on July 28, 2026. The joint venture holds nine major CMA CGM-operated port terminals across five countries. Stonepeak completed a $2.4 billion investment for a 25% stake, while CMA CGM retained 75% ownership and full operational control. The closing followed receipt of required regulatory approvals and implemented the transaction initially announced in January 2026. The parties said the platform will support accelerated investment in port infrastructure and the development of new international projects. The transaction expands Stonepeak’s transport and logistics exposure through a large-scale terminal platform while preserving operational control with CMA CGM. No fund-level performance information or exit terms were disclosed.