Koole Terminals to buyout Ontario Teachers’ Pension Plan Board’s 40% stake and the Investment Management Corporation of Ontario’s in Koole Terminals.

Koole Terminals Holding announced a buy-out of Koole Terminals from Ontario Teachers’ Pension Plan Board’s 40% stake and the Investment Management Corporation of Ontario’s 9.99% stake. “A wholly-owned structure will give us a clear mandate to execute the Koole Terminals’ strategy while maintaining our commitment to delivering a high level of customer service and safety performance,” John Kraakman, Koole Terminals CEO.