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Rubis Terminal announces finalisation of sale of CPA SAS

Written by...

Molly Cooper

Molly Cooper

Journalist at Tank Storage Magazine.

Rubis Terminal, a joint venture between I Squared Capital and Rubis SCA, and an independent storage has finalised the sale of CPA SAS, a 100% subsidiary of Rubis Terminal SA in France, to Dyneff.

A puzzle with a light in the middleCPA has delivered more than 200,000 m3 to its clients in 2022, out of Rouen, Brest, Dunkirk and Vatry terminals in France. With the support of its new shareholder Dyneff, energy and services company, in France and Spain, CPA will continue its development.

The divestment of CPA to a leading wholesaler and distributor of energy such as Dyneff is in line with Rubis Terminal’s development strategy, to focus on storage of sustainable, low-carbon products (chemicals, biofuels and agrifood) in best-in-class terminals located in the main import and trading hubs in Western Europe.

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