SAAR Depositi Portuali, together with Adamant BioNRG and ALSO, acquired 100% stake in Alkion Terminal Vado Ligure, from Chane Group (formerly Koole Terminals).
Alkion Terminal Vado Ligure, located in Vado Ligure (Savona) and owned by Alkion (part of Chane Group), is among the leading Italian terminals for the storage and unloading of petroleum products (gasoline, diesel, LCN) and FAME HVO, with a total storage capacity of 227,000 cbm of which 154,000 in service.
SAAR Depositi Portuali has been operating for over ninety years in the storage and unloading of vegetable oils, historically representing one of the first ‘terminal operators’ in the Mediterranean. With this acquisition, SAAR Depositi Portuali aims to increase its storage capacity, diversifying its products portfolio. Furthermore, Alkion Terminal Vado Ligure will expand its product portfolio to vegetable oils and biofuels, leveraging on SAAR, Adamant and ALSO joint expertise and workload.
With 22 sites across Europe, Chane is leader in liquid bulk storage, processing and logistics.
