Vitol and IFM Investors acquired Buckeye Partners' 50% equity interest in VTTI

18 January 2019

Vitol and IFM Investors have agreed to acquire Buckeye Partners' 50% equity interest in VTTI, the leading global independent provider of energy storage. After completion, VTTI will be owned 50% by IFM Investors and 50% by Vitol.

Vitol is an energy and commodities company; its primary business is the global trading and distribution of energy products. IFM Investors is a global institutional funds with approximately USD 82 billion under its management on 30 September 2018.

Vitol was advised by Houthoff, in close cooperation with Vinson & Elkins RLLP. IFM Investors was advised by White & Case LLP. Buckeye Partners was advised by Cravath, Swaine & Moore LLP, and De Brauw Blackstone Westbroek.

Written by:
Thomas de Rave

Key Contact

Amsterdam
Kandidaat-notaris | Associate
+31 20 605 65 19
+31 6 1040 8379

Key Contact

Amsterdam
Kandidaat-notaris | Associate Partner
+31 20 605 69 55
+31 6 5365 5667
Barbara Nederhof

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Amsterdam
Kandidaat-notaris | Senior Associate
+31 20 605 69 89
+31 6 4298 7338

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Amsterdam
Kandidaat-notaris | Associate
+31 20 605 61 53
+31 6 3050 3156
Alexander Kaarls

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Amsterdam
Advocaat | Partner
+31 20 605 61 10
+31 6 5165 9263