October 30th, 2024 - Rotterdam, Netherlands – HES International ("HES"), a leading European operator of seaport bulk terminals, today announced the completion of the sale of its Deschieter inland terminal in Belgium to TMF Operating, a prominent logistics operator headquartered in France. The terms of the sale remain undisclosed.
This divestiture aligns with HES’s strategy to strengthen its strategic infrastructure positions in the gateway seaports to Europe’s industrial hinterland.
“We extend our sincere gratitude to our dedicated team at Deschieter, not only for their outstanding contributions to HES but also for their support and collaboration throughout this transaction process” said Jeroen van der Neut, Chief Operating Officer at HES International.
TMF Operating’s acquisition of the Deschieter terminal marks an important milestone in its growth and development in the Belgian market. “We are thrilled to welcome Deschieter into the TMF family,” commented Arnaud de Chirée, President of TMF Operating. “This acquisition is an excellent strategic fit, further reinforcing our commitment to expanding our presence in inland Belgium and enhancing our logistics services for customers.”
As HES continues to sharpen its focus on the development and expansion of seaport terminals, the company remains committed to delivering exceptional service and strengthening its role as a leading operator within Europe’s port infrastructure sector. For further information, please contact: Firas Ezzeddine (f.ezzeddine@hesinternational.eu)
ABOUT HES INTERNATIONAL
HES International is one of Europe's largest independent bulk handling companies for liquid, dry, and breakbulk products. Our companies hold a unique independent position in the supply chain of bulk goods for a wide range of products providing first class access to Europe's deep draft terminals and excellent hinterland connectivity by barge, rail and truck. With 15 terminals in 5 countries at strategic located ports in Europe we are an important switch in the continuous delivery of essential building blocks for our everyday life needed to develop, sustain and improve the world around us. Our professional staff ensure that bulk commodities are safely stored, handled and processed 24/7 for customers from all corners of the globe. We have a strong ambition to further broaden our product portfolio and also want to respond optimally to the opportunities that the energy transition offers us.
HES International is headquartered in Rotterdam and has already been carefully handling bulk raw materials since 1908. Macquarie Asset Management, via Macquarie European Infrastructure Fund 5, and West Street Infrastructure Partners III, managed by the Goldman Sachs Asset Management Infrastructure business, each indirectly control 50% of the shares of HES International B.V. For more information, please visit www.hesinternational.eu.