Bomin Sells Belgium Bunker Ops
The Bomin Group has agreed to sell its Belgium operations to certain individuals of the Somers family, controlling the tanker shipping company Somtrans. Bomin announced in September 2018 that it was exiting the bunker market in Antwerp.
The purchasers will acquire 100 percent of the shares in Bomin Belgium, located in Antwerp. Subject to merger clearance, the deal is expected to be formally concluded on December 31, 2018. As from January 2019 the company will be rebranded.
The Bomin Group has been active in the bunker business for more than 40 years via its subsidiaries and is an independent supplier of marine fuel. Bomin is 100 percent owned by Mabanaft.
Mabanaft GmbH & Co. KG is a subsidiary of Marquard & Bahls, a Hamburg-based company that operates in the fields of energy supply, trading and logistics. Mabanaft‘s business encompasses the import and wholesale of petroleum products. Furthermore, the company is active in bunker services, service stations, end-consumer business, lubricants and biofuels.