Norway's Odfjell, US' Lindsay Goldberg complete tank terminal deal

19 June 2013 08:42  [Source: ICIS news]

SINGAPORE (ICIS)--Norway’s Odfjell said on Wednesday it has completed a deal to expand an existing joint venture with US equity firm Lindsay Goldberg.

As part of the transaction, Lindsay Goldberg has acquired a 49% interest in Odfjell Terminals, the holding firm for all of Odfjell's tank terminal activities, the Norwegian shipping firm said in a statement.

Odfjell owns the remaining 51% in Odfjell Terminals.

By: Nurluqman Suratman

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