Stolt-Nielsen acquires Taby
Nov 1, 2008 12:00 PM
Stolt-Nielsen S.A. announced that its subsidiary Stolt Tank Containers (STC) completed its previously announced agreement to acquire the tank-container operations of Taby Group, after the approval of German regulatory authorities. The transaction is effective from October 1, 2008.
STC is a provider of door-to-door global logistics and transportation services for bulk liquid chemicals and foodgrade products. It operates the world's largest fleet of stainless steel ISO tank containers, with nearly 26,000 currently in service, including many specialized units for aggressive or high-purity products, compressed gases, and cryogenic cargoes, and manages more than 80 fleets of tank containers on behalf of its customers.
Stolt-Nielsen S.A. is one of the world's leading providers of transportation services for bulk liquid chemicals, edible oils, acids, and other specialty liquids. The company, through the parcel tanker, tank container, terminal, rail and barge services of its wholly owned subsidiary Stolt Tankers & Terminals and STC, provides integrated transportation solutions.
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