Please use a modern browser. This website is not designed for versions of Internet Explorer below IE10
masthead
masthead
masthead
masthead
menu
Terminal News

Vopak divests share in Estonia storage terminal

Vopak divests share in Estonia storage terminal
Vopak and its partner Global Ports Investments have divested their 100% share ownership in the joint venture Vopak E.O.S to Liwathon.

The terminal operates total storage capacity of 1.026 million m3 in the Port of Tallinn and includes the railway company E.R.S, a wholly owned subsidiary of Vopak E.O.S.

This sale is the outcome of the company's 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 company's Q2 2019 results.



Share: