TanQuid in negotiations

July 2006
ICIS Chemical Business;7/10/2006, Vol. 1 Issue 27, p28
Trade Publication
The article reports that German tank farm operator TanQuid is negotiating to buy eight oil and chemical tank storage facilities from Petroplus for €33 million. The deal will see TanQuid claim 25% of the market, with 18 sites. Most facilities are located in the industrial region of Ruhr-Rhine, western Germany. Management teams at the acquired sites will integrate into TanQuid.


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