Latvia: Martank takes over Ventspils Nafta Tranzits27.07.2017 Latvia: Martank takes over Ventspils Nafta Tranzits
Baltic Course (The), 27 Jul 2017, online:-
The Dutch Martank of Vitol group, has acquired from Latvian Ventspils Nafta the majority shareholding (51%) in Ventspils Nafta Tranzits (VNT). The cost of the acquisition totalled EUR 43.7mn. Eurotank Holding Sarl, a subsidiary of the international terminal company VTTI, partly owned by Vitol, retained the 49% shareholding in VNT.
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