Liwathon to acquire Vopak EOS from Royal Vopak and Global Ports Investments.

Liwathon, an oil products terminal operator, agreed to acquire Vopak EOS, a storage provider, from Global Ports Investments and Royal Vopak, a tank storage provider. Financial terms were not disclosed. “We are very excited to acquire and leverage on the substantial terminal facilities at the Port of Muuga near Tallinn, Estonia. Together, with the experienced management team, we will implement our strategy to develop a network of terminals, servicing the liquid fuels market. The company’s expertise and terminal infrastructure provide a solid foundation for developing the business further,” Gert Tiivas, Liwathon CEO.