UNITANK is an independent, market-leading, neutral infrastructure and services provider that stores oil products. Headquartered in Hamburg, UNITANK owns and operates five state-of-the-art terminals in Germany and one in Belgium, all in key strategic locations, with a total capacity of around 1.1 million cubic meters. DIF and Aberdeen Standard Investments, as equal shareholders, acquired 100% of the shares in the company.
- Investment date
- May 2019
- DIF CIF I
- Total capacity
- Equity stake
The company plays an essential role in the storage of strategic oil product reserves for both Germany and Belgium, as well as in the supply chain logistics of oil majors and other market participants by providing distribution services. From UNITANK’s terminals, airports in Frankfurt and Berlin as well as filling stations across the regions are serviced by pipeline, rail, road and barges.
The capability to handle multiple products makes the platform particularly attractive to clients that wish to concentrate various oil products in a single place. As a result of its flexible business model, high-quality asset base and operational excellence the business is well positioned for the future. ESG is a priority for DIF and UNITANK, which is fully compliant with the highest environmental and safety regulatory requirements.