Vopak has announced that it has reached an agreement with Infracapital on the sale of its three chemical terminals in Rotterdam (Botlek, TTR and Chemiehaven) for a total purchase price of €407 million including a conditional deferred payment of €19.5 million. Total expected cash receipt net of transaction costs and net debt items at closing is around €368 million.
The combined operational capacity of the three terminals is 1.4 million cbm.
Infracapital, the infrastructure equity investment arm of M&G Plc, is a specialist European infrastructure investor with over 20 years of experience and a proven track record of owning infrastructure assets in the Netherlands.
For more info klick here: TSM