The Italian Petrolifera Italo Rumena (PIR), a company that provides liquid bulk storage and handling services through its warehouses located in Northern Italy, in Ravenna and Genoa, in Albania in Vlora and in Tunisia in Zarzis, has acquired the Swedish Nordic Storage AB, which operates seven storage depots in Sweden and Denmark. The Scandinavian company has been sold by London-based Aquarius Energy, a joint venture between the Tristar groups and Glencore, and the transaction was carried out through another Swedish company active in the sector, InterTank Nordic AB, of which PIR has previously acquired control.

Nordic Storage is one of the largest storage of liquid bulk in Scandinavia, with a capacity of over one million cubic meters. Its warehouses are located in strategic location along the coast of Sweden (Gothenburg, Helsingborg, Malmö, Norrköping, Oskarshamn and Gävle) and in Denmark in Aalborg. Nordic Storage offers services for a wide range of range of energy products (distillates, aviation fuels, biofuels, vegetable oils, fuel oils) and chemicals.

With this acquisition, the PIR group doubles its capacity of storage, reaching a total of about two million cubic meters between the Mediterranean Sea and Scandinavia.