.
MergerLinks Header Logo

New Deal


Announced

Ardian acquired a 35% stake in LBC Tank Terminals from State Super and Sunsuper.

Financials

Edit Data
Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For35%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private

Minority

bulk liquid storage

Friendly

Acquisition

Private Equity

Single Bidder

Belgium

Storage Terminals

Synopsis

Edit

Ardian, the independent private investment company, agreed to acquire a stake in LBC Tank Terminals from State Super and Sunsuper. LBC, headquartered in Belgium, is a top-tier global independent operator of bulk liquid storage facilities, predominantly for chemical & base oil products. Following the transaction, Ardian will hold a 35% stake in LBC. Current shareholders APG and PGGM will remain invested in the company with a 32.5% stake each. Mathias Burghardt, Member of the Executive Committee, Head of Ardian Infrastructure, added: ”LBC is a unique company with fantastic value creation potential. We are very excited to support the management vision alongside our partners APG and PGGM. Our LBC investment illustrates the existing potential for long term investors like Ardian in the US infrastructure market.“

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US