Vopak and Global Ports Investments PLC have divested their 100 percent effective share ownership in the 50/50 joint venture Vopak E.O.S. to Liwathon.
Vopak E.O.S. operates a total storage capacity of 1,026,000 cbm in the Port of Tallinn and includes the railway company E.R.S. Ltd., a wholly owned subsidiary of Vopak E.O.S.
This divestment is the outcome of the earlier announced strategic review. In 2017, Vopak fully impaired its investment in Vopak E.O.S. The modest transaction result will be reported in the Q2 2019 results.
For more information visit www.vopak.com