Due Diligence Report for Port Burgas, Bulgaria

Getting the right insight to make an informed investment decision

Three Seas Initiative Investment Fund S.A. was considering an investment in BMF Port Burgas EAD, Bulgaria. It wanted to better understand the commercial, technical, and ESG standing of the port to make an informed investment decision.

It also wanted insight into strategy, client base, value drivers, future trends, risks and mitigation plans, and projections for volumes, revenues,CAPEX and OPEX–to ensure it saw the biggest possible return on investment.

A thorough due diligence study and  business plan

We conducted a commercial, technical and environmental due diligence study to provide the client with comprehensive information they needed to make a decision about potential investment. This included conducting site visits as well as extensive discussions with management and project teams.

The resulting due diligence report covered every aspect of the port’s current position. We also prepared a business plan to recommend improvements and changes that would ensure any investment was well placed.

The investment opportunity was well understood,and a deal was closed in summer 2022

Ouranalysis provided a thorough assessment of the market and the competitive landscapeof the port. And the commercial, technical and environmental considerationswe highlighted didn’t just focus on the current state of the port –we also considered what the future might look like.

Our business plan included ways that CAPEX and OPEXplanning could be optimised and improved to make any investment a success. Three Seas Initiative Investment Fund S.A.closed aninvestment deal for the portin summer 2022.