December 17, 2015 [J.P. Morgan Asset Management] - Institutional investors advised by J.P. Morgan Asset Management - Global Real Assets, together with Ontario Teachers' Pension Plan, have completed the acquisition of Koole Terminals from EQT Infrastructure.
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.
