EQT Infrastructure to acquire Koole

  • EQT Infrastructure to acquire Koole Tanktransport B.V., the leading independent storage terminal operator for edible oils
  • Founding family to remain minority owner

EQT Infrastructure has made an irrevocable offer to the shareholders of Koole Tanktransport B.V. (“Koole” or the “Company”) to acquire the Company. The shareholders have accepted the offer, subject to the advice of the Company’s works council on the transaction. Completion of the transaction will furthermore be conditional upon all anti-trust approvals having been obtained.

Koole is the leading independent storage terminal operator for edible oils and fats, biofuels, oleochemicals and certain base oils. The Company is located in the port of Rotterdam, which is Europe's principal deep-sea port and home to the most significant cluster of the edible oils and biofuels industry. In addition, Koole has business activities related to the transshipment and control/measurement of the mentioned products. Koole’s assets include a deep-sea terminal in Rotterdam, regional hub terminals in Zaandam and Nijmegen, three coasters as well as fifteen inland barges. The Company has been family-owned since 1943. The sellers intend to partly reinvest their exit proceeds in the Company.

Contacts:
Koole
John Kraakman, General Manager, +31 6 53 79 31 12

EQT Partners
Andreas Huber, Partner +49 25 54 99 39
Johan Hähnel, Communications & PR +46 8 506 55 334 

About EQT
EQT
is the leading private equity group in Northern Europe with around €13bn in raised capital and multiple investment strategies. Together with a superior network of Industrial Advisors, EQT implements its business concept by acquiring or financing good medium-sized to large companies in Northern and Eastern Europe, Asia and the United States, developing them into great companies. Development is achieved by applying an industrial strategy with focus on growth. Since inception, EQT has invested in more than 80 companies (equivalent to €8.9bn) and exited around 40. EQT owned companies have more than 500,000 employees. 

EQT Infrastructure invests primarily in existing infrastructure in Northern and Eastern Europe but can also invest globally, particularly in North America. Investment targets are basic infrastructure, concession based infrastructure, social infrastructure and infrastructure-related services. 

EQT Partners, acting as investment advisor to all EQT funds, has more than 100 investment professionals with an extensive industrial and financial competence. EQT Partners has offices in Copenhagen, Frankfurt, Helsinki, Hong Kong, Oslo, London, Munich, New York, Shanghai, Singapore, Stockholm, Warsaw and Zurich. 

More information can be found on www.eqt.se 

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