January 22, 2015 [Royal Vopak] - Royal Vopak has sold its land position in Turkey. On 22 January 2015 all conditions related to this transaction were fulfilled.
The divestment is part of the divestment program, as announced on 2 July 2014. This plot of land was already classified as ‘held for sale’ in prior reporting periods. The buyer of the site is a Turkish industrial group. No details about the terms and conditions of the transaction are disclosed. The transaction will not have a material impact on the results.
Vopak’s strategic focus is on four categories of terminals: Major hubs, supporting intercontinental products flows;Terminals facilitating growth in global gas markets; Import distribution terminals in major markets with structural deficits; Industrial and chemicals terminals, in the Americas, the Middle East and Asia.
