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Announced

Completed

JP Morgan Asset Management completed the acquisition of Contanda from EQT Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Single Bidder

storage solutions

Majority

Friendly

liquid bulk

Storage Terminals

Private Equity

United States

Acquisition

Completed

Synopsis

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JP Morgan Asset Management completed the acquisition of Contanda, a provider of liquid bulk storage solutions in North America, from EQT Partners. Financial terms were not disclosed. "Contanda has undergone a significant transformation over the past few years. While significantly diversifying its product base and growing in key US markets, Contanda has built a culture of safe operations and uncompromising customer focus. With an experienced team and existing and new strategic assets in place, the Company is well-positioned to execute against the next phase of its growth plan," Jan Vesely, EQT Infrastructure Partner.

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