Press Releases & Announcements

Hamburg
November 26, 2020

Marquard & Bahls AG acquires stake in Superior Plus Corp.

Marquard & Bahls AG today announces that it has acquired a 10% minority interest in Superior Plus Corp., a Toronto-based energy distribution and specialty chemicals company.

The investment in Superior Plus is Marquard & Bahls' first investment in a publicly listed company. It follows the long-term investment strategy of building an innovative portfolio focused on gas and chemicals.

Superior Plus is a diversified company: The Energy Distribution business encompasses distribution and retail marketing of propane-related products, as well as distribution of liquid fuels. In Canada, Superior Plus is the number one propane distributor. The Specialty Chemicals business is focused on the production and supply of sodium chlorate and chlor-alkali products with nine production facilities in the Americas.

Superior Plus can also look back on a successful track record with consolidated sales growing over the last five years. Further, the company has strong profitability, with EBITDA of CAD 525 million in 2019 on consolidated revenues of CAD 2,853 million.
www.superiorplus.com 


Marquard & Bahls AG
is an agile, independent holding company in the energy & chemical sector. Its core lines of business include tank storage logistics, trading, and aviation fuelling. Marquard & Bahls has a presence in 33 countries in Europe, America, Asia, Africa and Australia and employs around 6,700 people through its subsidiaries.
www.marquard-bahls.com

Press Contact

Corporate Communication
Marquard & Bahls AG
Koreastraße 7
20457 Hamburg
Germany

+49 40 37004-0+49 40 37004-7609
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Direct Contact

Markku Korvenranta
Senior Vice President of Group Portfolio Development
Marquard & Bahls AG

+49 40 37004-0
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