GES announces sale of Rotterdam terminal to Tepsa

The transaction represents a key milestone for GES as it continues to focus its resources on expanding its presence in the fast-growing Asian market, with particular emphasis on its strategic terminal at Port Klang, Malaysia. It also ensures that the Rotterdam terminal is passed into the hands of a follow-on owner well positioned to take the asset forward. The transaction also delivers a strong return for GES’s shareholders.

Peter Vucins, CEO of GES, commented: “Part of the investment cycle is realising value from assets at the right time, and we are confident this was the right moment for GES. We are now fully focused on growing our business in Asia, with Port Klang at the centre of that strategy. We extend our sincere thanks to the Rotterdam team and our customers for their support and for maintaining a safe, reliable, and forward-looking operation throughout our ownership.”

With the sale of the Rotterdam terminal, GES no longer holds assets in the Netherlands. The company’s growth strategy remains firmly anchored in Asia, where demand for bulk liquid storage, including chemicals, biofuels, and new energy products, continues to rise.

Financial terms of the transaction were not disclosed.

Read the article online at: https://www.hydrocarbonengineering.com/tanks-terminals/11072025/ges-announces-sale-of-rotterdam-terminal-to-tepsa/