VTG boosting holding in VOTG to 100%

20.04.2007

VTG Aktiengesellschaft (Hamburg) has increased its shareholding in VOTG Tanktainer GmbH (Hamburg) from 58.35% to 100% retroactively from January 1st 2007. VOTG, hitherto jointly owned by VTG and Vopak Germany GmbH (Hamburg), is among the world?s leading suppliers for the intermodal transport of liquid products from the chemical, oil and compressed gas areas.

"In the years of the joint venture with Vopak, VOTG Tanktainer, formerly a division of VTG, has grown globally thanks to the various cooperation possibilities with the two owner companies," stated Dr. Heiko Fischer, chairman of the executive board of VTG AG. ?We look forward to continuing its success under the roof of VTG and want to make the most of the opportunities provided by the growth of international flow of goods for the further development and expansion of this line of business. VOTG will be continuing the good partnership with the globally oriented Vopak," Fischer added.

With approx. 120 employees at eight of its own locations - including subsidiaries in Finland, Singapore and the USA - as well as a comprehensive agency network, VOTG offers worldwide intermodal door-to-door services and supply chain management concepts with its own and hired tank containers, as well as managing customers' own tank container fleets.