Divestments

Contanda

Contanda, formerly "Westway Group", is a premier provider of storage and logistics services to owners of bulk liquid products in North America.

The company, headquartered in Houston, Texas, is focused on niche liquid products and customized service offerings and has a leading market position in the agricultural and chemical sectors.

  • Sektor
    Energy & Environmental
  • Land
    United States
  • Ansvarig Advisor
    Jan Vesely
  • Fond
    EQT Infrastructure II
  • Entry
    2013
  • Exit
    2019

The majority of its terminals are located on the Gulf of Mexico and the East Coast. Contanda's terminals are strategically located near deep water ports and transportation infrastructure, providing customers access to critical shipping lanes and distribution networks. Key products stored include petroleum oils, specialty chemicals, caustics, asphalts, vegetable oils, methyl esters, chemicals and molasses products, among others.

The company has a 60 year operating history and was publicly listed in 2009. In 2012, the company divested its liquid feed supplement business and certain non-core terminals and was then taken private by EQT in 2013. Since EQT's investment, the Company has made significant investments expanding storage capacity in North America by over 570,000 barrels and has focused on its core North America market by divesting its European Terminals.

In December 2019, EQT Infrastructure sold Contanda to institutional investors advised by J.P. Morgan Asset Management

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