VTTI Announces Acquisition in Panama

Instant Max AI

(VTTI B.V., 25.Jan.2017) – VTTI B.V., an independent provider of energy storage, announced an acquisition of a 230,000 m3 facility in Panama, resulting in a joint venture between VTTI and Global SLI.

This deal sees VTTI take a 75% interest in PetroAmerica Terminal, S.A. (PATSA), a terminal strategically located on the Pacific side of the country, close to the Panama Canal, with a wide range of refined products storage.

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