We advised the management board of Vopak E.O.S. on the sale of its shares

Royal Vopak N.V. and Global Ports Investments PLC announced on Wednesday that they sold all the shares in the independent oil terminal operator Vopak E.O.S to Abu Dhabi based company Liwathon. The new name of the logistics company became Liwathon E.O.S.
Liwathon E.O.S., the largest independent oil products terminal operator in the Baltic region, operates four terminals – Termoil, Trendgate, Pakterminal and Stivterminal – with a total storage capacity of 1,051,800 cbm. Liwathon E.O.S. terminals, which are directly connected to the international railway infrastructure, are located in the Port of Muuga, Estonia, within the Port of Tallinn. Liwathon E.O.S. offers opportunities for sea and rail transportation of oil products from Eastern Europe to Western Europe, America and Southeast Asia.
The management board of Vopak E.O.S. was advised by Ellex Raidla’s Partner Sven Papp and Senior Partner Jüri Raidla.