M&A Deal Summary

Koninklijke Vopak Acquires Tank Storage Interests - GATX

On September 1, 2001, Koninklijke Vopak acquired oil/gas exploration company Tank Storage Interests - GATX from GATX

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

M&A Deal Summary

Date 2001-09-01
Target Tank Storage Interests - GATX
Sector Oil/Gas Exploration
Buyer(s) Koninklijke Vopak
Sellers(s) GATX
Deal Type Divestiture

Target

Tank Storage Interests - GATX

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

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Buyer(S) 1

Buyer

Koninklijke Vopak

Rotterdam, Netherlands

Category Company
Founded 1616
Sector Oil/Gas Exploration
Employees4,928
Revenue 1.3B EUR (2024)
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 1 of 6
Sector: Oil/Gas Exploration M&A 1 of 3
Type: Divestiture M&A Deals 1 of 4
Country: Singapore M&A 1 of 1
Year: 2001 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-25 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.

Buy -

Seller(S) 1

SELLER

GATX

Chicago, Illinois, United States

Category Company
Founded 1898
Sector Transportation
Employees2,150
Revenue 1.6B USD (2024)
DESCRIPTION

GATX is a finance and leasing company that leases, operates, manages, and remarkets assets in the rail and marine markets. GATX was founded in 1898 and is based in Chicago, Illinois.


DEAL STATS #
Overall 3 of 4
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Divestiture M&A Deals 2 of 3
Country: Singapore M&A 1 of 1
Year: 2001 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-01-09 GATX Logistics

United States

GATX Logistics, Inc. is a provider of third-party logistics services for its customers, including contract warehousing, value-added assembly, freight management, and contract transportation services.

Sell $210M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-10 American Steamship

Williamsville, New York, United States

American Steamship is a provider of marine transportation and shipping services. American Steamship was founded in 1907 and is based in Williamsville, New York.

Sell -