Tradebe Port Services acquires TWG tanklager Wilhelmsburg GMBH (TWG)
![Image for: Tradebe Port Services acquires TWG tanklager Wilhelmsburg GMBH (TWG)](https://d3d87ylsohyye9.cloudfront.net/app/uploads/2024/04/06100346/tradebe_hambuerg.jpg)
Barcelona, October 1st, 2020 – Tradebe Port Services, a leading hydrocarbon storage operator in Spain announces the acquisition of 100% of the share capital in TWG Tanklager Wilhelmsburg GmbH (“TWG” or “Company”), a provider of chemicals storage tanks in the Seaport of Hamburg, Germany.
The Tradebe Port Services is part of the Tradebe company. With the acquisition of TWG, Tradebe Port Services expands its geographical presence into Germany and improves its services to its customers, as it can now store a broader array of products with a larger total capacity in two prime locations.
TWG was acquired from BDH Biodiesel Hamburg GmbH, an entity controlled by Dr. August Oetker KG. TWG is one of the few remaining independent bulk liquid storage terminal operators in the heart of the Port of Hamburg, the third largest port in Europe. The Company operates a depot of 14 storage tanks with a capacity of 34,500m3 employing eight people. Furthermore, TWG has a permit to expand the capacity by additional 40,000m3. The terminal is permitted to store class B hydrocarbons, chemicals and specialty chemical products. The facility is connected to a 9-metre drought jetty able to moor sea going vessels up to 230m length overall, the railway network as well as to the road via road tankers.
Mr. Josep Creixell, Chairman of Tradebe: “We are delighted with this acquisition as it allows to expand our storage terminal business in the strategic Port of Hamburg. This acquisition fits well with our strategy of providing a flexible and customized service to our clients and stakeholders, whilst enlarging the range of services into chemicals and specialty chemicals. Furthermore, the acquisition strengthens the presence of our Group in the German market, a key geography for our group’s growth strategy. We see very attractive opportunities to develop new projects in TWG.”
Dr. Heino Schmidt, CFO of Dr. August Oetker KG:” We are glad to have found a good new home for TWG Tanklager Wilhelmsburg. Tradebe Port Services is a strategic player, family-owned, and able to provide a good platform from which TWG Tanklager Wilhelmsburg will be able to grow and prosper. “
“TWG is an important building block for the universal port of Hamburg,” says Michael Westhagemann, Senator for Economics and Innovation of the Free and Hanseatic City of Hamburg. “I am pleased that with Tradebe a new owner has been found who will keep the company and jobs and who would like to expand further at the location in the Port of Hamburg. This decision is based on the fact that a dynamic future awaits the Port of Hamburg that fits into the strategic direction of the company. “
…..
ING Corporate Finance acted as the sole financial advisor. Watson Farley & Williams (legal), Warth & Klein Grant Thorton (tax and accounting), Wood Mackenzie (commercial consultant) and RSK (environmental) acted also as advisor to Tradebe. Dr. August Oetker KG was advised by Bankhaus Lampe KG and CMS Hasche Sigle.
- Share with Twitter
- Share with Facebook
- Share with LinkedIn
- Share with WhatsApp
- Share with e-mail
Might be interested in
![Image for: Tradebe Gualba awarded with EcoVadis’ gold medal](https://d3d87ylsohyye9.cloudfront.net/app/uploads/2023/09/06100419/Gualba.jpg)
Tradebe Gualba awarded with EcoVadis’ gold medal
![Image for: Tradebe acquires Clinical Nutrition](https://d3d87ylsohyye9.cloudfront.net/app/uploads/2024/02/06100514/clinical_nutrition_vista_aerea.jpg)
Tradebe acquires Clinical Nutrition
![Image for: Tradebe expands its presence in the Port of Barcelona](https://d3d87ylsohyye9.cloudfront.net/app/uploads/2024/04/06100346/tradebe_port_de_barcelona_low.jpg)
Tradebe expands its presence in the Port of Barcelona
![Image for: TRADEBE ACQUIRES CURIE ENVIRONMENTAL SERVICES](https://d3d87ylsohyye9.cloudfront.net/app/uploads/2024/04/06100343/Image-1.jpg)
TRADEBE ACQUIRES CURIE ENVIRONMENTAL SERVICES
![Image for: Tradebe Environmental Services And Veolia North America Forge Partnership](https://d3d87ylsohyye9.cloudfront.net/app/uploads/2024/05/06100322/tradebe_veolia_social_graphic_v.2-02_0.jpg)
Tradebe Environmental Services And Veolia North America Forge Partnership
![Image for: Tradebe acquires a French company Fabster](https://d3d87ylsohyye9.cloudfront.net/app/uploads/2024/04/06100407/fabster-compra.jpg)
Tradebe acquires a French company Fabster
![Image for: Interviewing our CIO, Maria José Carmona](https://d3d87ylsohyye9.cloudfront.net/app/uploads/2024/02/06100512/2023_people_pills_mj_2.jpg)
Interviewing our CIO, Maria José Carmona
![Image for: Tradebe unveils new corporate identity and website reflecting its continuous innovation and growth](https://d3d87ylsohyye9.cloudfront.net/app/uploads/2024/06/06123721/Mock-up-Web-e1717670435814.png)
Tradebe unveils new corporate identity and website reflecting its continuous innovation and growth
![Image for: Catalonia’s Waste Cluster is born to promote a sector with a €10 billion turnover, which amounts to 41,000 workers](https://d3d87ylsohyye9.cloudfront.net/app/uploads/2024/02/06100513/whatsapp_image_2023-01-18_at_19.49.23_ikieljo_0.jpeg)
Catalonia’s Waste Cluster is born to promote a sector with a €10 billion turnover, which amounts to 41,000 workers
![Image for: The UB and Tecnoambiente promote the Chair in Sustainable Blue Economy](https://d3d87ylsohyye9.cloudfront.net/app/uploads/2024/02/06100513/foto_catedra.png)
The UB and Tecnoambiente promote the Chair in Sustainable Blue Economy
![Image for: Tradebe Life Sciences acquires Cosmos Aromática Internacional](https://d3d87ylsohyye9.cloudfront.net/app/uploads/2024/02/06100508/captura_cosmos_0.png)
Tradebe Life Sciences acquires Cosmos Aromática Internacional
![Image for: Tradebe acquires a physicochemical treatment plant in Italy](https://d3d87ylsohyye9.cloudfront.net/app/uploads/2024/02/06100509/tradeba_adro.jpg)
Tradebe acquires a physicochemical treatment plant in Italy
![Image for: Expansion of the Life Sciences Business line into Germany through a sustainable partnership with BASF](https://d3d87ylsohyye9.cloudfront.net/app/uploads/2024/04/06100345/shutterstock_1092693782_1.jpg)
Expansion of the Life Sciences Business line into Germany through a sustainable partnership with BASF
![Image for: Tradebe participates in the Ultra Clean Marathon](https://d3d87ylsohyye9.cloudfront.net/app/uploads/2024/02/06100511/ucm_2.jpg)
Tradebe participates in the Ultra Clean Marathon
![Image for: Tradebe receives the support of the Ministry of Industry of Cantabria to carry out an R&D&I project](https://d3d87ylsohyye9.cloudfront.net/app/uploads/2024/02/06100509/webindustria_tradebe_0.jpg)
Tradebe receives the support of the Ministry of Industry of Cantabria to carry out an R&D&I project
![Image for: Tecnoambiente awarded strategic seabed mapping contract by the Catalan Government](https://d3d87ylsohyye9.cloudfront.net/app/uploads/2024/02/06100510/whatsapp_image_2021-09-22_at_16.47.58.jpeg)
Tecnoambiente awarded strategic seabed mapping contract by the Catalan Government
![Image for: Tradebe Port de Barcelona wins the Ecovadis Gold Medal](https://d3d87ylsohyye9.cloudfront.net/app/uploads/2024/02/06100512/imagen_blog_tpb_ecovadis_2.jpg)
Tradebe Port de Barcelona wins the Ecovadis Gold Medal
![Image for: Tradebe ranks high on ENR’s 2023 List of Top 200 Environmental Firms](https://d3d87ylsohyye9.cloudfront.net/app/uploads/2024/02/06100511/shutterstock_1875848596_1.jpg)
Tradebe ranks high on ENR’s 2023 List of Top 200 Environmental Firms