Boluda Corporación Marítima sells its Boluda Tankers division, specialized in the supply and transportation of fuel in Spain and Panama, to the Dutch company VT Group.
Boluda’s tanker activities comprises operations in mainland Spain (Barcelona, Algeciras, Gibraltar), Morocco (Ceuta), the Canary Islands (Las Palmas), Trinidad & Tobago and Panama (Balboa, Christobal).
The scope of the transaction includes the acquisition of the companies and the equipment including the ongoing commercial contracts of Boluda Tankers and associated companies.
OIM TEAM’S ROLE
Ocean Infrastructures Management, a firm specialized in the maritime-port sector,
has acted as advisor to the transaction for Boluda Corporación Marítima, since its
definition, during the entire transaction process.
Works included:
Structuring the process
Preparation of the sale documentation (Teaser, Infomemo, etc.)
Identification of potential investors
Process definition
Investor’s Targeting
Sale Process
DD Coordination (Technical DD, Legal DD, Financial DD, Environmental DD, Fiscal DD, Insurance
DD, Labor DD)
Documentary support to the process