Announced
Financials
Tags
Private
Majority
Domestic
Joint Venture
Single Bidder
Acquisition
Friendly
Oil Equipment and Services
Pending
Germany
oil port
Synopsis
Euroports, a port-infrastructure company in Europe, agreed to acquire the remaining stake in Großtanklager-Ölhafen Rostock, a joint venture with TOTAL, from TOTAL Deutschland, an energy company. The completion of the sale is subject to the approval of the responsible authorities. Financial terms were not disclosed. “We would like to thank EUROPORTS for the good cooperation over the past years. Our two companies share a high standard of safety, quality and performance. The sale is in line with the Total Group's strategy of actively managing its investment portfolio. The long-term warehouse handling contracts that have now been concluded show our confidence in a successful continuation of the cooperation," Christian Cabrol, TOTAL Deutschland Managing Director.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.