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TANK TAKEOVER ACQUISITION • H ESSERS’ TAKEOVER OF TANK MANAGEMENT TAKES IT INTO NEW TERRITORIES AND ADDS TEMPERATURECONTROLLED TANKS FOR CHEMICALS AND FOODS BELGIUM-BASED INTERMODAL operator and bulk logistics provider H Essers has acquired the Oslo-based tank container operator Tank Management A/S, adding to its tank operations following the purchase of Huktra in 2018. The development of its liquid bulk chemical transport operation is part of H Essers’ long-term strategic plan and also fits in with its focus on synchromodality –
H ESSERS NOW HAS 2,000 TANK CONTAINERS UNDER ITS CONTROL AFTER RECENT ACQUISITIONS
the intelligent combination of various modes of transport. It operates warehouses, trucks and road tankers, as well as tank containers. H Essers says 41 per cent of its operations are multimodal in nature. The transaction also greatly expands H Essers’ geographical footprint for liquid chemical logistics, adding operations in France, the Netherlands and Scandinavia. It can now offer tank container operations right across Europe, from Gibraltar to the Urals. In addition, the takeover further strengthens H Essers’ ability to provide temperaturecontrolled liquids transport for pharmaceuticals and foodstuffs as well as for chemicals.
WHAT THEY SAY Tank Management, a family-owned business, was founded in 2006 and has evolved into a European specialist in temperature-controlled tank container transport for chemicals and foodgrade products. Aside from its Oslo base, it has offices in Le Havre, Milan and Rotterdam and owns 800 modern tank containers. All its tanks are fitted with real-time tracking as well as sensors to monitor the temperature of the contents. “After the substantial growth Tank Management has recorded in recent years, it is now time for the next step,” say the Nordbo and Philippe families, the owners of the Norwegian-French company. “Thanks to the acquisition by a strong industrial player such as H Essers, Tank Management will continue to excel in service, to grow and to expand its expertise in the coming years.” “The acquisition of Tank Management fits into our strategy of sustainable development of synchromodality within the chemical segment. It enables us to offer our customers a new way of managing transport flows, which are not only more efficient but, thanks to this approach, also more sustainable. It’s a win-win situation for all parties: customers, logistics service providers and our community,” adds Gert Bervoets, CEO of H Essers. “Tank Management is a family business that shares our values,” Bervoets continues. “As is the case in our company, safety and quality are paramount. As an example, material and equipment are renewed with a high frequency, to ensure that the operations meet the most stringent standards and strictest requirements. We are very much looking forward to welcoming our new colleagues into the warm-hearted H Essers family and to shaping our future together.” As was the case with the Huktra acquisition, the leadership team at Tank Management will stay with H Essers. Both firms will now concentrate on integrating and consolidating operations. Following the acquisition, H Essers now
HCB MONTHLY | OCTOBER 2020
