M&A Deal Summary

Koninklijke Vopak Acquires Pengerang Marine Operations Sdn. Bhd.

On May 21, 2014, Koninklijke Vopak acquired marine company Pengerang Marine Operations Sdn. Bhd. from Dialog Group for 30K MYR

Acquisition Highlights
  • This is Koninklijke Vopak’s 1st transaction in the Marine sector.
  • This is Koninklijke Vopak’s 0th largest (disclosed) transaction.
  • This is Koninklijke Vopak’s 2nd transaction in Malaysia.

M&A Deal Summary
Date 2014-05-21
Target Pengerang Marine Operations Sdn. Bhd.
Sector Marine
Buyer(s) Koninklijke Vopak
Sellers(s) Dialog Group
Deal Type Divestiture
Deal Value 30K MYR

Target

Pengerang Marine Operations Sdn. Bhd.

Malaysia
Pengerang Marine Operations Sdn. Bhd. is a provider of marine services.

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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 6 of 6
Sector (Marine) 1 of 1
Type (Divestiture) 4 of 4
Country (Malaysia) 2 of 2
Year (2014) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-27 Canterm Canadian Terminals

Montreal-East, Quebec, Canada

Canterm Canadian Terminals – a company with two distribution terminals for the storage and handling of refined products in Montreal and Quebec City, Canada.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-09 Royal Vopak - Three U.S. Terminals

United States

Vopak terminals in North Carolina, one in North Wilmington that handles chemicals and black oil, and one in South Wilmington that is not currently operating and an undeveloped site at Perth Amboy, New Jersey, with waterfront access that can be developed.

Sell $158M

Seller(S) 1

SELLER

Dialog Group

Petaling Jaya, Malaysia
Category Company
Founded 1984
Sector Oil/Gas Exploration
Employees1,948
Revenue 3.0B MYR (2023)
DESCRIPTION

Dialog Group is a specialist technical services provider in the oil, gas and petrochemical industry providing services to the upstream and downstream sectors by working together with strategic and technology partners. Dialog Group is based in Petaling Jaya, Malaysia.

DEAL STATS #
Overall 1 of 1
Sector (Marine) 1 of 1
Type (Divestiture) 1 of 1
Country (Malaysia) 1 of 1
Year (2014) 1 of 1
Mergr

Product

Company

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