Acquisition Maastank by Koole Terminals
Zaandam, the Netherlands – 24 January 2023 – Koole Terminals, a leading provider in integrated and innovative storage, processing, and logistics solutions for liquid bulk products, has acquired Maastank B.V.
The Maastank terminal in Botlek Rotterdam, formerly part of the Dekker Group, is a key player in the Rotterdam port area in the storage and handling of vegetable oils, fats, and biofuel feedstocks.
“The acquisition of Maastank is one of the many steps in our strategy to meet the challenges in energy transition,” said John Kraakman, CEO of Koole Terminals. “In order to further develop and strengthen a future-focused infrastructure and service portfolio, it is necessary to keep investing in expanding and ensuring an optimal supply chain for our customers in biofuel feedstocks and vegetable oil products.”
“This transaction is testament to the value of Maastank’s portfolio of services,” commented Jan Duel, CEO of the Dekker Group. “I am proud of the talented team we have brought together, and the terminal we have developed. I have full confidence that Koole Terminals is the right partner for Maastank in the next phase of the company’s journey.”
Jan Duel continued: “This transaction will benefit both Maastank’s employees and customers, by providing the necessary resources to drive further growth. It will also bring value to the port of Rotterdam, where we have had the privilege to grow our business.”
Strengthening the European footprint
“The addition of Maastank to the Koole service portfolio provides greater capacity and expansion opportunities at the port of Rotterdam, which remains a strategic gateway in Europe for storage and transshipment, and processing of various products,“ said John Kraakman. “This acquisition will make it possible for Koole to further enhance the scale and breadth of services offered in some of our core product markets in Rotterdam, thereby deepening our supply chain integrated customer relationships and facilitating further growth of our platform of terminals.”
Koole will operate the facility as multi-product terminal under the leadership of the facility’s current management team. Future plans include further developing the quality of its multimodal solutions in the Rotterdam area – which will be serviced by the facility – as well as further investments into the terminal’s infrastructure and capacity.
With this acquisition Koole is strengthening its European footprint by providing end-to-end services in storage solutions. The Koole Group has 21 tank terminals, strategically located in 7 European countries: the Netherlands, France, United Kingdom, Spain, Portugal, Poland, and Italy.
Maastank is a tank terminal for the storage and handling of vegetable oils, fats, specialities, oleochemicals, base oils, and feedstock for biofuel, with a total capacity of 87,000 cbm. Its central location in the Botlek area of Rotterdam makes it ideal for loading and unloading tankers, barges, ships, ISO containers, and flexibags. In addition to storage and transshipment by vessel, a core strength of Maastank lies in the range of modalities and ancillary services offered to its supply chain integrated customer base.
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 liquid bulk products, driving energy transition for a sustainable future by supporting its world-class customers. With 21 strategically located terminals in Europe and a total volume of 5,387,000 cbm, Koole meets the diversity of its customers’ needs by transporting, storing, blending, and processing a wide range of products, with a focus on safety, reliability, and sustainability, targeting a lower carbon footprint through a focus on energy efficiency.