Announced
Completed
Financials
Sources
Tags
Storage Terminals
Completed
Acquisition
Single Bidder
United Kingdom
bulk liquid storage
Majority
Private
Friendly
Private Equity
Synopsis
Asset manager Aberdeen Standard Investments completed the acquisition of Oikos Storage, an independent, modern, highly automated liquid bulk storage terminal, from Challenger Life Company. Financial terms were not disclosed. "We consider Oikos as a key strategic partner for its customers, offering emission efficient infrastructure for the import and onward distribution of its stored product through having unique access to pipeline connections and a newly developed deep-water jetty," Dominic Helmsley, Aberdeen Standard Investments Head of Economic Infrastructure.
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