Canadian Investors CPPIB and OMERS Plan to Exit Stakes in UK’s Associated British Ports
Canadian investors Canada Pension Plan Investment Board (CPPIB) and Ontario Municipal Employees Retirement System (OMERS) are looking to sell their stakes in Associated British Ports (ABP). Morgan Stanley is exploring the sale, with potential deals expected in the second half of the year. CPPIB owns 33.88% and OMERS 30% of ABP, which operates 21 ports in the UK and plays a significant role in the offshore wind sector. ABP reported a revenue of £409.5 million for the first half of 2025.
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CPPIB and OMERS are planning to divest their stakes in Associated British Ports (ABP), with Morgan Stanley appointed to explore the sale. CPPIB holds a 33.88% stake, while OMERS owns 30%. Hermes, with a 6.12% share, may also sell.
A deal could be reached in the second half of this year. ABP, which has 21 ports and accounts for a quarter of the UK's port industry volumes, reported £409.5 million in revenue for H1 2025. The company focuses on supporting the UK’s energy transition, with projects like the Immingham green energy terminal and interests in Port Talbot for offshore wind.
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