•State-of-the-art modern storage located in the UAE, operational since April 2020 with Own Pipelines running from both the Main Harbour and the Inner Harbour.
Key Points
Land plot of 11250 m2, where all land at the port is long-leased
Asset holding company owned 100% by one shareholder at 0% debt
The storage capacity is 75600 mt with 16 tanks of different sizes
Most modern fire extinguisher room from Clarke - USA
Berth at the Harbour is deep so that it enables a safe and secure mooring of larger vessels
Uncomplicated Sale of Asset Holding Company
The market consists of up to 10 main product importer
The storage has one client - Vitol managers stocking diesel who has rented 100% capacity instead of market-usual prorata style
Valid POF will be required from potential Buyer to get full info and enter negotiations.
Currency: USD
Target Price / Revenue: 11x
Target Price / EBITDA: TBD
