Vopak Terquimsa, a joint venture in which Vopak holds a 50 percent stake, has completed the divestment of its Barcelona terminal to Tradebe Port Services. The facility primarily serves the storage of petroleum products, chemicals and vegetable oils.
The Barcelona terminal was considered less strategically attractive for Vopak’s operations. Following the divestment, Vopak retains its 50 percent shareholding in Vopak Terquimsa Tarragona, a terminal strategically positioned within the industrial cluster of Tarragona, Spain.
The company expects to report an exceptional gain from the transaction in the third quarter of 2025. However, Vopak has indicated that the impact of this divestment will not be material to its 2025 outlook.
The disposal reflects Vopak’s continued focus on optimising its portfolio and concentrating resources on strategically important assets within key industrial regions.
For more information visit www.vopak.com
