Amancio Ortega's Pontegadea Inversiones Acquires 49% Stake in PD Ports from Brookfield

Amancio Ortega's investment vehicle, Pontegadea Inversiones, has agreed to acquire a 49% stake in UK-based PD Ports from Brookfield Asset Management. Brookfield will remain involved in the business as a long-term shareholder. PD Ports operates in 11 UK locations, including Teesport and Hartlepool. The deal's terms were not disclosed.

Title: Amancio Ortega's Pontegadea Acquires 49% Stake in PD Ports from Brookfield Asset Management

July 22, 2025 - Zara founder Amancio Ortega's investment vehicle, Pontegadea Inversiones, has agreed to acquire a 49% stake in UK-based PD Ports from Brookfield Asset Management. Brookfield will remain involved in the business as a long-term shareholder. PD Ports operates in 11 locations across the UK, including Teesport and Hartlepool. The terms of the deal were not disclosed [1][2][3].

The acquisition is Ortega's first foray into ports through his Pontegadea Inversiones SL family office, which holds his 59% stake in Inditex, the world’s largest listed fashion retailer and owner of the Zara brand. Pontegadea's investment strategy includes stakes in energy and telecommunications assets, such as Spanish grid operator Red Electrica and networks provider Telxius Telecom SA. This latest move expands Ortega's infrastructure portfolio [3].

PD Ports, which owns and operates several ports across the UK, was acquired by Brookfield in November 2009. Brookfield had previously sought to sell the company in 2021 but abandoned the attempt [3]. The deal is significant for both parties, as it allows Brookfield to retain a long-term stake while providing Pontegadea with a strategic investment opportunity.

Ortega's family office, Pontegadea, is known for its active investment strategy, reinvesting billions in dividends from Inditex to avoid wealth taxes. This year, Ortega is expected to receive over €3 billion ($3.5 billion) in dividends from Inditex, a venture he started more than six decades ago in Galicia, Spain. The family office has also been active in acquiring premium real estate in select cities across western Europe, the United States, and Canada [3].

The acquisition of PD Ports is part of Pontegadea's strategy to diversify its portfolio and expand its operations. The deal underscores the growing role of family offices in global business, as they manage vast resources and reinvest dividends to maintain their wealth and influence.

References

[1] Reuters. (July 22, 2025). Billionaire Ortega Buys Stake in UK's PD Ports from Brookfield. Retrieved from https://www.reuters.com/markets/deals/billionaire-ortega-buys-stake-uks-pd-ports-brookfield-2025-07-22/
[2] TradingView. (July 22, 2025). Billionaire Ortega Buys Stake in UK's PD Ports from Brookfield. Retrieved from https://www.tradingview.com/news/reuters.com,2025:newsml_L6N3TK0AM:0-billionaire-ortega-buys-stake-in-uk-s-pd-ports-from-brookfield/
[3] Bloomberg. (July 22, 2025). Zara Billionaire Ortega Buys Stake in PD Ports from Brookfield. Retrieved from https://www.bloomberg.com/news/articles/2025-07-22/zara-billionaire-ortega-buys-stake-in-pd-ports-from-brookfield