Press Releases

Hamburg
September 03, 2019

Transaction completed – Olerex acquires Oiltanking Tallinn terminal in Estonia

Oiltanking GmbH communicated on July 10, 2019 that it is has entered into an agreement to sell its Oiltanking Tallinn terminal to Aqua Marina AS, the holding company of the Olerex Group. Following approval by the Estonian Competition Board, the transaction was completed on August 30, 2019.

Olerex is the Estonian fuel retail market leader, based in the domestic capital, with nearly 100 stations in their network and strong retail presence all over the Baltics.

Oiltanking is a subsidiary of Marquard & Bahls, a Hamburg-based company that operates in the fields of supply, trading and logistics of energy & chemicals. Oiltanking is one of the largest independent tank storage providers for petroleum products, chemicals and gases worldwide. The company owns and operates 71 terminals within Europe, North America, Latin America, the Middle East, Africa, India, and the Asia-Pacific region. Oiltanking has an overall storage capacity of 20 million cbm.

For more information on Olerex and and Marquard & Bahls, please visit:

www.olerex.ee
www.marquard-bahls.com

Press Contact

Corporate Communication
Marquard & Bahls AG
Koreastraße 7
20457 Hamburg
Germany

+49 40 37004-0+49 40 37004-7609
Email

Direct Contact

Karl Henrik Dahl
Director West of Suez
Oiltanking GmbH

+49 40 37004-7444Email

Antti Moppel
Chairman Olerex
Olerex AS

+372 6 100 105Email