Infracapital has agreed to acquire Vopak Rotterdam Botlek (VRB)1, a Dutch specialized liquid storage terminal business from Vopak, for a total purchase price of €407 million ($437 million), including a conditional deferred payment of €19.5 million ($21 million).
Vopak said the transaction includes three liquid chemical storage terminals (Botlek, TTR and Chemiehaven) with a combined capacity of 1.4 million cbm. They are strategically located in the Botlek area of the Port of Rotterdam, which houses one of Europe’s largest integrated industrial chemicals clusters. The VRB terminals store a variety of base and specialty chemicals and are directly connected to their largest clients in the region via 40 pipelines.
VRB has multimodal connectivity, including deep-sea vessels, barges, pipelines, trucks and trains. As such, VRB is strongly positioned to capture long-term growth in demand from energy transition, according to Infracapital. The terminals benefit from capacit