EQT makes a Koole purchase

Sweden-headquartered private equity group EQT Infrastructure will acquire independent storage terminal operator Koole Tanktransport.

The shareholders have accepted the offer, subject to the advice of the company’s works council on the transaction. Completion of the transaction will be conditional upon all anti-trust approvals having been obtained.

Koole’s terminals store edible oils and fats, biofuels, oleochemicals and certain base oils. The company is located in the port of Rotterdam, Europe's principal deep-sea port and home to the most significant cluster of the edible oils and biofuels industry.

In addition, Koole has business activities related to the transshipment and control/measurement of the mentioned products.

Koole’s assets include a deep-sea terminal in Rotterdam, regional hub terminals in Zaandam and Nijmegen, three coasters as well as fifteen inland barges. The company has been family-owned since 1943. The sellers intend to partly reinvest their exit proceeds in the company.

213 queries in 0.549 seconds.