1 September 2011

Lindsay Goldberg enters into a strategic partnership with Odfjell

De Brauw has advised US private equity firm Lindsay Goldberg on the acquisition of a 49% interest in Odfjell's tank terminals in Rotterdam (the Netherlands) and Houston and Charleston (US).

Lindsay Goldberg and Odfjell structured their strategic partnership as a Dutch limited partnership (CV). Lindsay Goldberg paid USD 247 million in connection with the transaction, and the parties will invest a total of EUR 25 million of new equity to facilitate planned upgrades and capacity expansion of the Rotterdam terminal.

Team: Ton Schutte, Okke Suurenbroek, Julie Nieuwe Weme-de Bruijn, Quirijn Bongaerts , Paul Sleurink, Sija van Mourik, Maikel van Wissen, Jiajia Gao