Aleph Commodities Expands with Acquisition of Nordic Storage AB, Partnering with InterTank and Gruppo PIR

Aleph Commodities LTD’s Logistics division is pleased to announce the acquisition of Nordic Storage AB in partnership with InterTank Nordic AB and Gruppo PIR. This transaction marks a new chapter in the growth of the company: InterTank will now be managing and operating up to 12.5 million barrels in addition to owning 6.5 million barrels of bulk liquid storage across EMEA.

Aleph established its logistics division to complement its production and services verticals by meeting the requirements of its customers and delivering the energy security of our countries of operations. Aleph ensures the integrity of energy and industrial chemicals supply chains and delivering first-class service to its customers.

Alex Craig, Director of Aleph: “We are very pleased to close this landmark transaction, and with our new partnership with Gruppo PIR, which will propel InterTank as the premier storage company in the Nordics with ambitions to scale elsewhere in the world, ensuring the logistics requirements of our customers. We share the same values and vision as Gruppo PIR and we welcome the next chapter of the company’s growth.

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