NEWS - Koole Terminals
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NEWS

Koole-News

News

Company update

 

BEWARE OF FRAUD

 

Zaandam, 28 October 2016 – It has come to our attention that a party is using the name NOVA Terminals, its logo and style as a basis to attempt fraud. In 2014, NOVA Terminals has been acquired by Koole Terminals and was subsequently renamed to Koole Tankstorage Minerals B.V. The name NOVA Terminals or website are not used anymore by Koole Terminals.

 

The fraudulent party can be recognised when one of the following incorrect details are stated on correspondence or the website:

 

  • Robin L. Hofman
  • Tel: +31 10 892 8561
  • Fax: +31 10 340 0552
  • info@novaterminalsbv.com
  • http://novaterminalsbv.com

 

Please consider this a warning before paying any invoices. Please feel free to contact Koole Terminals on the following phone number: +31 75 6812 891.

 


 

Company update

 

RAIL TANK CAR CENTRE AT KOOLE TANKSTORAGE MINERALS

 

rail-ktm

 

Zaandam, 10 October 2016 – To facilitate our clients by rail. KTM is constructing a rail tank car centre for the unloading of heavy fuel oil and loading of vacuum gas oil. For the shunting of the tank cars we can make use of the 2000 meters of newly built rail at the KTM site. The (un)loading is done by 8 (un)loading arms that are connected to the main pipelines that distribute the mineral products to and from the terminal. In the future we can expand these numbers to facilitate our clients by rail even more.

 


 

Company update

 

BEWARE OF FRAUD

 

Zaandam, 27 July 2016 – It has come to our attention that certain parties are using Koole Terminalss name and contact details as the basis for their attempts to fraud. As a consequence Koole Terminals is contacted by third parties who are seeking confirmation on documents stating tank numbers with product stored at a our terminals. Please note that Koole Terminals never confirms to third parties the validity of documents that have been issued by Koole Terminals to its customer, unless Koole Terminals is explicitly requested by its customer to confirm.

 


 

Company update 

 

KOOLE TERMINALS EXPANDS IT’S TERMINAL IN PERNIS BY PURCHASING THE FORMER BIOPETROL/GLENCORE BIO-DIESEL PLANT

 

Bio-diesel plant 2 

Zaandam, 16 March 2016 – Koole Tankstorage Minerals is being expanded. On March 15th Koole Terminals has bought the bio-diesel plant from Biopetrol/Glencore. Koole Terminals does not intend to operate the factory as bio-diesel plant. The tanks present at the factory will be made ready for rental to third parties.

 

A foreign chemistry manufacturer has examined whether there is a possibility the factory can be converted to a chemical plant where alcohols can be etoxylated. The coming period will become apparent to what extent this is economically feasible.

 


 

Press Release

 

J.P. MORGAN ASSET MANAGEMENT, TOGETHER WITH ONTARIO TEACHERS’ PENSION PLAN, COMPLETES THE ACQUISITION OF KOOLE TERMINALS

 

London, 16 December 2015 – Institutional investors advised by J.P. Morgan Asset Management – Global Real Assets, together with Ontario Teachers’ Pension Plan (“OTPP”), have completed the acquisition of Koole Terminals (“Koole Terminals” or the “Company”) from EQT Infrastructure (“EQT ”).

 

Commenting on the completion of the acquisition Koole’s CEO, John Kraakman, said “I am delighted to have two fully aligned, long term investors with the desire to grow the business as the new owners of Koole Terminals. I look forward to working with them and drawing on their experience as sophisticated infrastructure owners to execute our exciting plans for the future.”

 

It is intended that the Koole family, as well as certain members of the senior management team of Koole, invest alongside J.P. Morgan Asset Management’s clients and OTPP in Koole.

 

For further information please contact:  
J.P. Morgan Asset Management
Charlotte Powell, Media Relations
+44 (0) 20 7742 2112, charlotte.f.powell@jpmorgan.com

 

Ontario Teachers’ Pension Plan
Deborah Allan, Vice-President, Communications
+1 (416) 730-5347, deborah_allan@otpp.com

 

About Koole Terminals
Koole Terminals is a leading independent storage company in North-West Europe headquartered in Zaandam, Netherlands. The company operates eight tank storage terminals and own fleet of twelve barges and three coasters. Koole Terminals has a total storage capacity of over 2,000,000 million cubic meters handling a wide range of liquid bulk products including vegetable oils, mineral oil products, waxes, (oleo-) chemicals, and other liquid products which are being stored and handled in Rotterdam, Zaandam, Amsterdam, Nijmegen, United Kingdom and Poland.

 

For further information, please visit www.koole.com

 

 

About J.P. Morgan Asset Management  – Global Real Assets

J.P. Morgan Asset Management – Global Real Assets has more than $87 billion in assets under management and more than 400 professionals in the U.S., Europe and Asia Pacific, as of September 30, 2015. With a 45-year history of successful investing, J.P. Morgan Asset Management – Global Real Assets’ broad capabilities provide many of the world’s most sophisticated investors with a global platform of real estate, infrastructure and transportation strategies driven by local investment talent with disciplined investment processes consistently implemented across asset types and regions. The Global Real Assets team is part of J.P. Morgan Asset Management’s Alternatives Investments business, which collectively manages over $120 billion in client assets across real assets, hedge funds, credit and private equity.

 

For more information: jpmorgan.com/institutional/global_real_assets

 

About Ontario Teachers’ Pension Plan (“OTPP”)

Ontario Teachers’ Pension Plan (“OTPP”) is Canada’s largest single-profession pension plan, with $154.5 billion (€108.2 billion) in net assets at December 31, 2014. It holds a diverse global portfolio of assets, 80% of which is managed in-house, and has earned an annualized rate of return of 10.2% since the plan’s founding in 1990. OTPP is an independent organization headquartered in Toronto. Its Asia-Pacific region office is located in Hong Kong and its Europe, Middle East and Africa region office is in London. The plan, which is fully funded, invests and administers the pensions of 311,000 active and retired teachers in the province of Ontario.

 

For more information, visit otpp.com and follow us on Twitter @OtppInfo.

 


 

Company update 

 

CONSTRUCTION OF TANKPIT 19 AT KOOLE TANKSTORAGE MINERALS

 

Tankpit 19 -2
In September 2015 Koole started the construction of Tankpit 19 at Koole Tankstorage Minerals, Rotterdam.

The first two foundations have now been completed. In total 1500 piles will be drilled to support 6 tanks of 30.000 m3 each.

Insulated tank roofs are prefabbed at a remote location to accommodate parallel building activities.

A state of the art manifold will connect the tankpit to a large variety of jetties in combination with pump speeds up to 5000 m3/hr.

When fully operational the tankpit will add another 180.000 m3 of fuel oil storage capacity to the facility in Rotterdam.

 


Press Release

 

EQT INFRASTRUCTURE SELLS KOOLE TERMINALS 

 

 

 

12 November 2015 – EQT Infrastructure to sell Koole Terminals, a leading independent liquid bulk storage operator headquartered in the Netherlands, to institutional investors advised by J.P. Morgan Asset Management – Global Real Assets

 

During EQT Infrastructure’s ownership Koole Terminals has built a leading independent storage platform in Northwest-Europe and expanded its product portfolio as a result of significant investments into new storage capacity, infrastructure, and various add-on acquisitions

 

Since the initial acquisition by EQT Infrastructure in February 2011, Koole Terminals storage capacity has more than tripled to 2 million cubic meter

 

EQT Infrastructure Limited (”EQT Infrastructure”) has reached an agreement in principle to sell Koole Terminals (“Koole Terminals” or the “Company”) to institutional investors advised by J.P. Morgan Asset Management – Global Real Assets. The agreement is subject to the positive advice of the Company’s works council.

EQT Infrastructure acquired Koole Tanktransport in February 2011, followed by the acquisition of NOVA Terminals in October 2011. The integration of both companies formed Koole Terminals, a leading, independent liquid bulk storage provider operating a portfolio of eight terminals in North-West Europe. The Company operates around 2 million cubic meter with ~85% of storage capacity being located in Rotterdam, the key trade flow hub in Europe. Service offering comprises best-in-class storage services and a wide range of value-added handling and transshipment services tailored to needs of customers and supported by its own shipping fleet. Koole Terminals handles a diversified product portfolio of mineral oils, vegetable oils, chemicals, oleo-chemicals, biofuels and other liquid bulk. During EQT Infrastructure’s ownership the storage capacity of Koole Terminals has tripled through organic capacity expansion and add-on acquisitions.

 

EQT Infrastructure has been advised by Morgan Stanley.

 

Contacts 

Andreas Huber, Partner at EQT Partners, Investment Advisor to EQT Infrastructure, +49 89 2554 9939

Kerstin Danasten, EQT Press contact, +46 8 506 553 34

 

About EQT

EQT is a leading private equity group in Europe with approximately EUR 29 billion in raised capital. EQT has portfolio companies in Europe, Asia and the US with total sales of more than EUR 17 billion and approximately 140,000 employees. EQT works with portfolio companies to achieve sustainable growth, operational excellence and market leadership. EQT Infrastructure is a EUR 1.2 billion fund investing in medium-sized infrastructure businesses in the Nordic region, parts of Continental Europe, and North America. Investment targets are regulated infrastructure, concession-based infrastructure, market-based infrastructure and infrastructure-related services. For further information, please visit www.eqt.se

 

About Koole Terminals

Koole Terminals is a leading independent storage company in North-West Europe headquartered in Zaandam, Netherlands. The Company operates eight tank storage terminals and an own fleet of twelve barges and three coasters. Koole Terminals has a total storage capacity of over 2,000,000 cubic meters handling a wide range of liquid bulk products including vegetable oils, mineral oil products, waxes, (oleo-) chemicals, and other liquid products which are being stored and handled in Rotterdam, Zaandam, Amsterdam, Nijmegen, United Kingdom and Poland.

 

For further information, please visit www.koole.com

 

About J.P. Morgan Asset Management – Global Real Assets

J.P. Morgan Asset Management – Global Real Assets has more than $87 billion in assets under management and more than 400 professionals in the U.S., Europe and Asia Pacific, as of September 30, 2015. With a 45-year history of successful investing, J.P. Morgan Asset Management – Global Real Assets’ broad capabilities provide many of the world’s most sophisticated investors with a global platform of real estate, infrastructure and transportation strategies driven by local investment talent with disciplined investment processes consistently implemented across asset types and regions. The Global Real Assets team is part of J.P. Morgan Asset Management’s Alternatives Investments business, which collectively manages over $120 billion in client assets across real assets, hedge funds, credit and private equity.

 

For more information: www.jpmorgan.com/institutional/global_real_assets


 

 

 

Press Release

 

Koole Terminals starts operating former BP’s storage terminal in Pernis

 

24 July 2015 – After the successful closing of the acquisition of BP’s storage terminal in Pernis in mid-July, Koole Terminals has started operating the site. Next to the storage capacity of around 200.000 cubic meters, Koole Terminals will also handle the acquired truck loading facility and the K1 jetty for seagoing vessels. BP’s terminal is directly adjacent to one of Koole Terminals’ existing sites in Rotterdam and is connected through a pipeline with BP’s refinery in Europoort. BP is partly leasing back the storage and truck loading rack capacity under long-term agreements.   John Kraakman, CEO of Koole Terminals: “The expansion of Koole Terminals through the acquisition of BP’s site in Pernis is in line with our ongoing strategy to grow together with our customers, in this case regarding storage and distribution of petrol and diesel. Especially the safe and efficient 24-hours per day truck loading facility in the Rotterdam harbour represents an important widening of our service offering. We are not only acquiring additional storage capacity but also further available land supporting our future expansion plans. Overall, the transaction substantiates our long-standing relationship with BP and also provides our customers the opportunity to load fuel products on trucks.”

 

 

Background information

Koole Terminals is a leading independent storage company in North-West Europe headquartered in Zaandam, Netherlands. The company operates eight tank storage terminals and an own fleet of twelve barges and three coasters. Koole Terminals has a total storage capacity of over 2.0 million cubic meters (incl. the newly acquired BP site) handling a wide range of liquid bulk products including edible oils and fats, mineral oil products, waxes, (oleo-) chemicals, biodiesel and other liquid products which are being stored and handled in Rotterdam, Zaandam, Amsterdam, Nijmegen, United Kingdom and Poland.