Vopak Terquimsa, (a joint venture in which Vopak has a 50% share) has divested its Barcelona terminal to Tradebe Port Services. The Barcelona terminal is mainly used for the storage of petroleum products, chemicals and vegetable oils.
For Vopak, the Barcelona terminal is less strategically attractive. However, Vopak remains a 50% shareholder in Vopak Terquimsa Tarragona, a terminal is located within the industrial cluster of Tarragona, Spain.
Vopak will report an exceptional gain in the third quarter of 2025. The impact of this divestment is not material for Vopak’s 2025 outlook.
