More details come in since the 15 June report on energy and chemicals asset owner Ampal-American Israel Corporation subsidiary Gadots acquisition of a hitherto undisclosed terminal in Europe.
Antwerp Distribution and Products Operations (ADPO), which offers logistic services for the chemical, petrochemical and tank storage industries, has entered into a sale agreement with the Gadot Group for the sale and transfer of ADPO Ghent, Belgium.
Gadot will operate the Ghent terminal through its European logistics subsidiary, the VLS-Group.
The terminal has a storage capacity of approximately 100,000m3, occupying 25 hectares of land. The purchase price is 30,000,000.