The Naples-based Grimaldi Group has officially completed its acquisition of a 67% stake in Heraklion Port Authority S.A. (HPA). This strategic move was executed through the Holding of Heraklion Port S.A., a consortium that includes Grimaldi’s own companies, Grimaldi Euromed S.p.A. and Minoan Lines S.A. The total investment for this significant stake amounts to 80 million euros, marking a noteworthy expansion for Grimaldi in the maritime sector. This acquisition is expected to enhance the operational capabilities and competitiveness of the port, benefiting both the local economy and the group's broader business interests.