Netherlands: HES International is thought to be put up for sale in autumn 2017

30.08.2017

Netherlands: HES International is thought to be put up for sale in autumn 2017
De Financiele Telegraaf, 30 Aug 2017, Online:-
Dutch storage and transhipment company HES International is expected to be put up for sale in autumn 2017 by its shareholders. The shareholders are all investment funds and it is thought that they will want to benefit from the current high valuation of storage and transhipment companies by selling HES International. HES International was purchased for EUR 408mn (USD 486.50mn) in 2014 but the value is now estimated to fall between EUR 1bn and EUR 2bn including some EUR 400mn of debts.
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