M&A Deal Summary

Stolt-Nielsen Acquires Chemical Transportation Group - Five Chemical Tankers

On August 31, 2020, Stolt-Nielsen acquired transportation company Chemical Transportation Group - Five Chemical Tankers from Chemical Transportation Group

Acquisition Highlights
  • This is Stolt-Nielsen’s 1st transaction in the Transportation sector.
  • This is Stolt-Nielsen’s 1st transaction in the United States.
  • This is Stolt-Nielsen’s 1st transaction in New York.

M&A Deal Summary

Date 2020-08-31
Target Chemical Transportation Group - Five Chemical Tankers
Sector Transportation
Buyer(s) Stolt-Nielsen
Sellers(s) Chemical Transportation Group
Deal Type Divestiture

Target

Chemical Transportation Group - Five Chemical Tankers

New York, New York, United States
Chemical Transportation Group, Inc.'s Five Chemical Tankers 6,000 dwt and with stainless steel cargo sections.

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Buyer(S) 1

Buyer

Stolt-Nielsen

London, United Kingdom

Category Company
Founded 1959
Sector Transportation
Employees6,402
Revenue 2.8B USD (2022)
DESCRIPTION

Stolt-Nielsen is a global provider of bulk-liquid transportation, storage and distribution services through its three largest operating units: Stolt Tankers, Stolthaven Terminals and Stolt Tank Containers. Stolt-Nielsen was founded in 1959 and is based in London, the United Kingdom.


DEAL STATS #
Overall 2 of 2
Sector (Transportation) 1 of 1
Type (Divestiture) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-01 Marstel Terminals

Auckland City, New Zealand

Marstel Terminals Ltd is a marstel specialty services include the storage of bulk and packaged hazardous and non-hazardous products, packaging, contract blending and manufacturing. The product range includes chemicals, fuels, lubes and edible oils.

Buy -

Seller(S) 1

SELLER

Chemical Transportation Group

New York, New York, United States

Category Company
Founded 2014
Sector Marine
DESCRIPTION

Chemical Transportation Group, Inc. is a provider of stainless steel chemical tankers. Chemical Transportation Group was founded in 2014 and is based in New York.


DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Divestiture) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1