16.11.15. EQT Infrastructure Limited reached an agreement last week to sell Koole Terminals to institutional investors, subject to approval by the company’s works council.
Koole Tanktransport was acquired by EQT Infrastructure in February 2011, followed by the acquisition of NOVA Terminals in October 2011. The integration of both companies formed Koole Terminals as an independent bulk liquid storage provider operating eight terminals in North-West Europe.
The Company operates around 2 million cbm with around 85 percent of capacity located in Rotterdam. Other services include handling and transhipment supported by its own shipping fleet. Koole Terminals handles a diversified product portfolio of mineral oils, vegetable oils, chemicals, oleo-chemicals, biofuels and other liquid bulk.
During EQT Infrastructure’s ownership the capacity of Koole Terminals has tripled through organic expansion and add-on acquisitions.
JP Morgan Asset Management acted as adviser to the institutional investors looking to buy the company.