Independent journal on economy and transport policy
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Macquarie Infrastructure Company will acquire the entire property of the terminalista society American International-Matex Tank Terminals
the company possesses ten terminals for the liquid bulk. The transaction has a value of beyond a billion of dollars
July 9, 2014
Macquarie Infrastructure Company (MIC), investment trust in the field of infrastructures of the Australian group Macquarie, will acquire the entire property of the terminalista society American International-Matex Tank Terminals (IMTT) having bought 50% of the capital stock in the hands of the family of the founder of the company, James J. Coleman. MIC it has acquired 50% of IMTT in May 2006 and has now signed an agreement with the Coleman family in order to acquire the being remained half of the capital for 1,025 billion dollars, of which 910 million dollars cash and 115 million in actions.
International-Matex Tank Terminals, that it is founded in 1939, possesses ten terminals for the liquid bulk (produced oil, oils tropical, combustible vegetables and renewable and chemicals) that they are situated on the coasts western oriental and of the United States, on the USA Gulf and the Great Lakes and stops participation in two Canadian terminals in the provinces of the Quebec and the Newfoundland. Moreover IMTT, through the branch OMI Environmental Solutions, work in the environmental field offering services of antipollution, cleansing of reserviors and conducts and other asset.
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