Marine fuels supplier Bomin Group has announced the sale of its operations in Belgium to members of the Somers family, who control the tanker barge operator Somtrans.
Bomin had previously announced it was looking to exit the bunker market in Antwerp, and should conclude the deal to exit by the end of the year.
Ronald Somers, CEO of the Somtrans Group, commented: “This is a significant time for our family as we look to enter the bunkering market, providing our customers with even more value, and creating the opportunity to build longer-term, partnership-based relationships with them. In acquiring Bomin Belgium we are gaining a valuable operation, founded on integrity, quality, in-depth market knowledge and values, which are wholly attuned to ours.”
Based in Belgium, Somtrans owns a fleet of 31 tanker barges including those under construction.