Royal Den Hartogh Logistics completes acquisition of H&S Group
NewsH&S will become the fifth business unit of Den Hartogh, alongside the business units Liquid, Gas, Global and Dry Bulk.
InterBulk for Den Hartogh
Family-owned Den Hartogh, based in Rotterdam, is to buy the entire issued share capital of AIM-listed InterBulk for around £42.1M (€57M). Including net debt of £53.2M, the total enterprise value is £95.3M. The merger will “create a global top three logistics services provider” for the chemicals industry, the firms said. The merged company will trade with the Den Hartogh brand, and will continue to be based in Rotterdam.
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