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M&A Deal Summary

Koninklijke Vopak Acquires Intercontinental Terminals Sdn Bhd

On April 25, 2008, Koninklijke Vopak acquired oil/gas exploration company Intercontinental Terminals Sdn Bhd from Mitsui & Co

Acquisition Highlights
  • This is Koninklijke Vopak’s 2nd transaction in the Oil/Gas Exploration sector.
  • This is Koninklijke Vopak’s 1st transaction in Malaysia.

M&A Deal Summary
Date 2008-04-25
Target Intercontinental Terminals Sdn Bhd
Sector Oil/Gas Exploration
Buyer(s) Koninklijke Vopak
Sellers(s) Mitsui & Co
Deal Type Divestiture

Target

Intercontinental Terminals Sdn Bhd

Pasir Gudang, Malaysia
Intercontinental Terminals (M) Sdn Bhd consists of 17 tanks with a total capacity of 20,600 cbm, which are currently fully utilized by a number of global petrochemical companies.

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Buyer(S) 1

Buyer

Koninklijke Vopak

Rotterdam, Netherlands
Category Company
Founded 1616
Sector Oil/Gas Exploration
Employees5,003
Revenue 1.4B EUR (2023)
DESCRIPTION

Koninklijke Vopak is an independent tank storage company for the oil and chemical industry. The company operates LPG and chemical gas, industrial, chemical, and oil terminals; and owns and operates specialized facilities consisting of tanks, jetties, truck loading stations, and pipelines. Koninklijke Vopak was founded in 1616 and is based in Rotterdam, Netherlands.

DEAL STATS #
Overall 2 of 6
Sector (Oil/Gas Exploration) 2 of 3
Type (Divestiture) 2 of 4
Country (Malaysia) 1 of 2
Year (2008) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-09-01 Tank Storage Interests - GATX

Singapore

Tank Storage Interests - GATX include include facilities in Singapore, Malaysia, China, and Japan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-11 Vopak Terminal Kandla

New Kandla, India

Vopak Terminal Kandla is one of the busiest ports of the country and the largest for chemicals and vegetable oil imports.

Buy -

Seller(S) 1

SELLER

Mitsui & Co

Tokyo, Japan
Category Company
Founded 1947
Sector Diversified
Employees53,602
Revenue 13.32T JPY (2024)
DESCRIPTION

Mitsui & Co engages in the export, import, wholesale, and retail of steel products; steel processing; mining and sale of iron ores; and sale and trading of ferrous scrap and alloy products and chemicals, energy, food, food & retail management, healthcare & service, consumer business, IT & communication business, corporate development business. Mitsui & Co was founded in 1947 and is based in Tokyo, Japan.

DEAL STATS #
Overall 1 of 15
Sector (Oil/Gas Exploration) 1 of 1
Type (Divestiture) 1 of 10
Country (Malaysia) 1 of 1
Year (2008) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-24 Novus International

Saint Charles, Missouri, United States

Novus International develops, manufactures, and supplies animal health and nutrition solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-01 MED3OOO

Pittsburgh, Pennsylvania, United States

MED3000, Inc. provides healthcare management, operations, and information technology services for physicians, hospitals, employers, government, and payer clients in the United States.

Buy -
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