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TGS Baltic Advises on Sale of Shares of Vopak E.O.S. to Liwathon

TGS Baltic Advises on Sale of Shares of Vopak E.O.S. to Liwathon

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TGS Baltic advised Royal Vopak N.V and Global Ports Investments PLC on the sale of the shares of Vopak E.O.S., an independent oil terminal operator in the Baltics, to Abu Dhabi-based Liwathon. The new name of the logistics company will be Liwathon E.O.S.

Liwathon E.O.S. is an independent terminal operator of oil products in the Baltic region, operating the Termoil, Trendgate, Pakterminal, and Stivterminal terminals. Liwathon E.O.S. terminals, which are directly connected to the international railway infrastructure, are located in the port of Muuga, Estonia, within the Port of Tallinn. 

TGS Baltic’s team was led by Partner Kadri Kallas. The firm did not reply to our inquiry on this matter.

Editor’s Note: After this article was published Sorainen informed CEE Legal Matters that it had advised Liwathon on the deal. According to Sorainen, Vopak will be renamed Liwathon E.O.S. The firm's team consisted of Partners Paul Kunnap and Toomas Prangli and Associate Mirjam Vichmann. 

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