Hedman Partners advised a major tank storage acquisition in Finland

Hedman Partners recently advised Oiltanking Sonmarin Oy, being a 100% subsidiary of Oiltanking GmbH, one of the largest independent tank storage companies in the world, in the acquisition of terminal company Vopak Chemicals Logistics Finland Oy in Finland, consisting of two terminals for the storage and handling of bulk chemicals and petroleum products in Kotka and Hamina.

The transaction will more than triple Oiltanking’s capacity in Finland, bringing the total storage capacity to 257,100 cbm.

The Hedman Partners transaction team was lead by Kalle Pedak, acting as a legal advisor in negotiations documentation and the successful completion of the transaction