Press Release – 30 July – Zaandam – the Netherlands
InfraVia, Coloured Finches, and Koole Terminals BV (”Koole”) announce they have entered into a binding agreement to transfer 100% of the ownership of Alkion Terminals BV (“Alkion”) to Koole.
Alkion is a leading bulk liquid storage operator and consolidation platform in Western Europe focusing on chemicals and biofuels. It operates nine terminals in five major European economies: France, Portugal, Spain, Italy and the Netherlands. Alkion is currently managing 1.2 million cubic meters of capacity with significant additional organic growth planned in biofuel and chemical products storage across its locations.
Rutger van Thiel, CEO of Alkion and Partner at Coloured Finches commented: “This is a significant milestone in the journey of Alkion and is welcome news for everyone in the Alkion leadership team. Alkion will be joining a European leader in our industry, which will ensure continuity of service to our customers in our 9 terminals and an exciting work environment for our teams. Under Koole ownership Alkion will continue investing significantly in our locations in particular towards providing flexible storage solutions for our industrial clients and the energy transition and maintaining a high performing asset base from a health and safety perspective.”
Athanasios Zoulovits, Partner of InfraVia said: “We have been extremely pleased to accompany Alkion from its inception in partnership with Coloured Finches over the past 6 years. Alkion has grown from 1 storage terminal in Amsterdam into one of the reference petrochemical storage providers in Western Europe with 1,2 million cbm of storage capacity and an incredible team of over 350 professionals in 5 countries. We are convinced that as part of Koole Terminals, Alkion, its clients and its people will continue this incredible journey of growth and excellence in bulk liquid storage.”
John Kraakman, CEO of Koole commented: “This transaction will expand Koole’s position in storing chemicals and biofuels products by gaining the experience of a European leader in these market segments. It is also in line with Koole’s strategy of diversification in providing supply chain integrated solutions to its customers to facilitate the transition to a low carbon future. Furthermore the acquisition will continue the company’s international expansion and further cements its role as a leading European liquid bulk storage platform.”
The terms of the transaction are not disclosed and the closing of the transaction is subject to the receipt of customary approvals. Closing is expected by year end 2022.
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About Alkion Terminals
Alkion provides forward-thinking bulk liquid storage services at nine terminal sites in France, Italy, Spain, Portugal and the Netherlands. We act as an essential link in the global network that facilitates modern life and our objective is to help our customers operate seamless supply chains. We go to great lengths to store and handle hazardous liquid products prudently and competently. In doing so we strive for resource efficient operations with lower emissions. In order to achieve this we explore and invest in storage solutions that expedite the transition to a more sustainable world.
alkion.com
Media Contacts
Rutger van Thiel, Chief Executive Officer | rvthiel@alkion.com |
+31 (6) 83 59 06 76
Kimon Palinginis, Chief Commercial Officer | kpalinginis@alkion.com |
+31 (6) 25 32 35 75
About Koole Terminals
Koole Terminals is a leading and independent storage, processing, and logistics company, enabling business growth through integrated and innovative service offerings for large-volume products. Driving the energy transition forward for a sustainable future by supporting its world-class customers. With eleven strategically located terminals in Europe and a total storage capacity of 4,100,000 cbm, Koole reflects the diversity of its customers’ needs. From transporting, storing, blending, and processing a wide range of products, to ensuring a low carbon footprint through focused energy efficiency. All these solutions are always provided in a safe, reliable, and sustainable manner.
koole.com
Media Contacts
Communication & Press Inquiries | communicatie@koole.com |
+31 (0)75 681 2812
About InfraVia Capital Partners
InfraVia is a leading independent private equity firm specialized in infrastructure and technology investments. InfraVia supports entrepreneurs and industrial players in their growth and digital strategy, accelerating their transformation into sizeable platforms. Since 2008, InfraVia has raised more than EUR 10 billion of capital and invested in 40+ companies across 13 European countries.
infraviacapital.com
Media Contacts
InfraVia: Vincent LEVITA, Founder and CEO | vlevita@infraviacapital.com |
+33 (0)1 40 68 17 38
Taddeo: Antoine Denry, Strategy Director | antoine.denry@taddeo.fr |
+33 (0)6 18 07 83 27
About Coloured Finches
Coloured Finches is a Dutch company established by former CEOs from the oil downstream industry. The independent group is active in the integrated downstream business and has extensive knowledge and experience in owning and operating storage terminals.
colouredfinches.com
Media Contacts
Rutger van Thiel, Partner | rvthiel@colouredfinches.com |
+31 (6) 83 59 06 76
Jan Willem van der Velden, Partner | jwvdvelden@colouredfinches.com |
+31 (6) 53 30 95 40