Announced
Completed
Financials
Tags
Private
Single Bidder
storage solutions
Majority
Friendly
liquid bulk
Storage Terminals
Private Equity
United States
Acquisition
Completed
Synopsis
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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